What is Circulating Supply?

Category: Crypto

1Definition

The number of cryptocurrency tokens currently available for trading in the market.

2Context

Key factor in valuation. Market cap equals price times circulating supply.

3Example

Bitcoin has about 19 million coins in circulating supply, with a maximum cap of 21 million.

Common Trap

Low circulating supply doesn't mean undervalued—check the total and maximum supply for the full picture.

Related Terms

More Crypto Terms

Look up any term instantly

Get clear definitions without the jargon

Try WhatIsIt.ai