How Much is Your Coin Inflating? ETH, ADA, DOT, BNB, CAKE
In this video, we’re going to take a look at how much inflation your coins can expect in 2021. We’ll look at Ethereum, Cardano, Polkadot, Binance Coin, and Cake.
Let’s start with Ethereum. Ethereum has an inflation rate of around 4.5%, which is lower than many other coins. This means that the supply of Ethereum is growing slowly and steadily.
Next, let’s look at Cardano. Cardano has an inflation rate of around 5.1%, which is slightly higher than Ethereum. This means that the supply of Cardano is growing at a faster rate than Ethereum.
Next, let’s look at Polkadot. Polkadot has an inflation rate of around 6.5%, which is higher than both Ethereum and Cardano. This means that the supply of Polkadot is growing at a faster rate than both of them.
Next, let’s look at Binance Coin. Binance Coin has an inflation rate of around 8.3%, which is higher than all the other coins we’ve looked at. This means that the supply of Binance Coin is growing at a faster rate than all the other coins.
Finally, let’s look at Cake. Cake has an inflation rate of around 8.7%, which is higher than all the other coins we’ve looked at. This means that the supply of Cake is growing at a faster rate than all the other coins.
So, as you can see, there are different inflation rates for each of these coins. But overall, the supply of each coin is growing, and the inflation rate is higher than other coins.