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 moreHow is crypto price calculated?
How Is the Price of a Cryptocurrency Calculated? The price of a cryptocurrency is calculated by taking the unconverted price directly from the crypto exchanges and converting it into US dollars or another available currency (BTC, ETH, EOS) . The calculated data updates every 8 seconds.
Read moreHow is crypto max price calculated?
For a cryptocurrency like Bitcoin, market capitalization (or market cap) is the total value of all the coins that have been mined. It’s calculated by multiplying the number of coins in circulation by the current market price of a single coin .
Read moreWhat is total supply of a coin?
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 moreCan I buy crypto on CoinMarketCap?
How do I purchase cryptocurrency? CoinMarketCap reports on the trading activities of thousands of markets but does not directly sell any cryptocurrency . The best way to find where to buy is by looking on the markets section for the cryptocurrency.
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