Additionally, one can calculate the total market capitalization of a coin by multiplying a coin’s market price with the number of circulating coins . For example, if a certain cryptocurrency is traded at $2.00 each, and has a circulating supply of 1 million coins, the total market cap would equal $2 million.
Read moreWhat is XRP circulating supply?
XRP currently has 45,404 billion tokens in circulation, while its total supply counts 100 billion XRP tokens . Though, Ripple Labs initially owned 55 billion XRP tokens, with the ability to sell 1 billion per month.
Read moreWhat does a high circulating supply mean?
The term circulating supply refers to the number of cryptocurrency coins or tokens that are publicly available and circulating in the market . The circulating supply of a cryptocurrency can increase or decrease over time.
Read moreWhat is total supply?
Total supply refers to the number of coins or tokens that currently exists and are either in circulation or locked somehow . It is the sum of coins that were already mined (or issued) minus the total of coins that were burned or destroyed.
Read moreWhat happens when circulating supply reaches total supply?
Generally speaking, when the maximum supply is reached, there will be fewer coins available on the market . This is expected to create market scarcity, which may eventually lead to deflation conditions (or 0% inflation rates).
Read moreIs it better to have a high or low circulating supply?
The higher a token’s market cap and lower its circulating supply, the more valuable it could be in the future.
Read moreIs a low circulating supply good?
A low circulating supply usually means the cryptocurrency features a higher price, attracting more investors .
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