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.
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