Asked by: Maysam Orzaizhobbies and interests stamps and coins
What does circulating supply mean?
Last Updated: 1st May, 2020
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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).
Additionally, does circulating supply matter? Circulating supply is the number of coinsavailable at any one moment, i.e. it is the 'supply'in supply and demand so intuitively the lower thecirculating supply is the higher the price shouldbe.
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.
What is CoinMarketCap?
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.