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As Avalanche founder Emin Gun Sirer compares the pump of AVAX price with the BTC 21 million maximum supply, speculation about the AVAX price pump is soaring. Sirer emphasized the Maximum Supply of AVAX is 7.1574 billion, as well as its Deflation mechanism of burning transaction fees, comparing it to Ethereum's unlimited supply. This scarcity-driven approach makes it a strong competitor in the digital asset space, inspiring investor confidence and bringing hope for a potential price pump in the near future.
With the founder emphasizing AVAX's supply limit similar to BTC, AVAX price has attracted attention.
On December 25th, Emin Gun Sirer, CEO and founder of AVA Labs, posted on X, emphasizing a key aspect of Avalanche - its maximum supply, which he likened to the fixed limit of 21 million for BTC. Unlike Ethereum, which has no maximum supply and currently has over 1.2 billion tokens in circulation, the total maximum supply of Avalanche tokens is 715.74 million. This scarcity, coupled with Avalanche's mechanism of burning all transaction fees, has sparked discussions about its potential impact on the price growth of AVAX.