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Asked by: Maysam Orzaiz
hobbies and interests stamps and coinsWhat does circulating supply mean?
The circulating supply refers to the coins thatare accessible to the public and should not be confused with thetotal supply or max supply. The total supplyis used to quantify the number of coins in existence, i.e., thenumber of coins that were already issued minus the coins that wereburned.
Keeping this in consideration, what is circulating supply?
Circulating Supply is the best approximation ofthe number of coins that are circulating in the market andin the general public's hands. Total Supply is the totalamount of coins in existence right now (minus any coins that havebeen verifiably burned).
Similarly one may ask, what is market cap and circulating supply?
Market Cap. The market cap of a coin isthe total value of all coins in circulation and isone metric used to determine value. The general way themarket cap is calculated is the last traded price, or theaverage traded price of a coin, multiplied by its totalcirculating coin supply.
CoinMarketCap is a website that tracks most ofthe alternative coins that has hit the market as well as Bitcoinsand shows users the current value in dollars and Bitcoins for eachcoin.