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 moreIs total supply important in crypto?
Total supply can be an important indicator of a cryptocurrency’s profitability and whether investors should invest in a virtual currency. For example, a large gap between circulating supply and the total supply can have implications for future profitability.
Read moreWhat is maximum supply of a coin?
The maximum supply of a cryptocurrency refers to the maximum number of coins or tokens that will be ever created . This means that once the maximum supply is reached, there won’t be any new coins mined, minted or produced in any other way.
Read moreWhat is better than CoinMarketCap?
The best alternative is Cryptowatch , which is free. Other great sites and apps similar to CoinMarketCap are FTX (Free), Coingecko (Free), wallmine (Paid) and Cesium (Free, Open Source).
Read moreWhat is the rank of cryptocurrency?
Coin Rankings #NameMarket Cap1Bitcoin BTC$836.15B2Ethereum ETH$373.51B3Tether USDT$81B4BNB BNB$68.19BCryptocurrency Rankings | CryptoSlate cryptoslate.com › coins
Read moreIs CoinGecko or CoinMarketCap better?
Popularity. According to SimilarWeb data, CoinMarketCap (CMC) had 37 million web visitors as of February 2021, while CoinGecko had 8.33 million. Data indicates that both platforms are growing in terms of monthly traffic, although CMC is growing much faster than CoinGecko .
Read moreWhat does crypto rank mean?
Rank is the relative position a cryptocurrency occupies in the market . Usually, the rank of a digital currency is evaluated by its market capitalization. Market capitalization, or market cap, is calculated by multiplying the price of a cryptocurrency with its circulating supply at any given time.
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