Why is Bitcoin’s and Notgram's token supply limit set to 21 million?

In Brief
🔹Bitcoin was designed so that there is a finite supply of 21 million BTC.
🔹One explanation for the 21 million Bitcoin limit is the money supply replacement theory.
🔹An alternative suggestion is that the limit could be mathematically extrapolated from Bitcoin's operating parameters.

In Bitcoin’s case, the upper limit was set by its creator, Satoshi Nakamoto, at exactly 21 million. For other cryptocurrencies, this cap can vary considerably—ranging from as low as 18.9 million for Monero (XMR) and Dash to as high as 100 billion for the likes of Notcoin (NOT), Ripple (XRP) and Tron (TRX).

Notgram (NGT) capped at 21M total token supply in order to achieve the same rarity in the market as Bitcoin (BTC). The less tokens are diluted in market circulation, the greater the value of the token.

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