What is Inflation?
Inflation can be simply defined as the reduction in the purchasing power of the given currency over the period of time which results increase in the prices of goods and services in an economy.
Inflation in FIAT currencies occurs due to the fact that they are being printed by the central bank over the period and it enhances the supply which results the devaluation of currency.
Note: There are also some other factors which can cause inflation other than supply but here we are only focused on supply
Inflation in terms of Crypto.
Being a financial asset cryptocurrencies are also vulnerble to inflation . We can categorize the crypto into three sectors on the basis of inflation lets have a short view of them.
1. Inflation immune Crypto.
Inflation immune cryptocurrencies are those decentralized currencies which have a limited supply and can't be mined more than it's fixed supply the best example of that category is Bitcoin and we know that we can not mined bitcoins over 21 millions coins out of which 18 million coins have been mined and just 3 million coins are left to be mined that's the reason we often called bitcoin as a best saving asset than Gold .Others examples of Inflation immuned crypto are BAT, Monero, Litecoin, Dash, etc.
2.Inflated Cryptocurrencies.
Examples of inflated cryptocurrencies are Ethereum, USDT, Zcash, etc due to fact they don't have maximum supply they are more vulnerable to inflation than above immuned currencies.
3.Deflationary Cryptocurrencies.
These are the cryptocurrencies which have a negative inflation rate means that over the period of time their supply decreses by burning the coins or tokens after every transaction depending on the transacted amount. They do it by sending the tokens to irrevetable addresses where they don't have private coins and effectively reduce the supply. Example of these assets are Bomb token, Void coin, Genesis, etc.
Hers is the annualized inflation rate of Some coins according to viewbase.