logo
search
Published on Feb 23, 2022

Deflation

Content
#Glossary
icon-alt

Deflation is a macroeconomic term that refers to the decline of the general prices of goods and services within the economy. There are a plethora of reasons due to which prices can decline. Be it lower productivity in the economy, declining demands, or sheer advancement in technology.

In the crypto world, deflation refers to a cryptocurrency’s maximum supply. Over time, the circulating supply of any given coin would reduce. Losing private keys, making such coins unrecoverable has a huge role to play as well. In fact, there are several cryptocurrencies that follow a deflationary nature.


Share this blog on
social-altsocial-altsocial-altsocial-altsocial-alt

Subscribe to our Newsletter

Get the best updates from the Web3 ecosystem & The Dapp List in your inbox every week 👇

newsletter-img