There’s currently a supply of 549 trillion SHIB tokens in circulation, giving it a market cap of around $11 billion. If those tokens were worth $1 each, SHIB’s market cap would be $549 trillion, roughly 200 times bigger than Apple, the world’s most valuable company, and more than six times the world’s annual GDP.
Read moreWhat is the maximum supply of Binance coin?
Understanding Binance Coin It was launched during an initial coin offering (ICO) in July 2017 and has a strict maximum of 200 million BNB tokens .
Read moreHow many BNB coins are in circulation?
BNB currently has a 168 million circulating supply.
Read moreHow does crypto circulating supply affect price?
Cryptocurrency supply and demand The value of anything is determined by supply and demand. If demand increases faster than supply, the price goes up .
Read moreWhat is circulating supply and Max supply?
The total supply is basically the sum of the circulating supply and the coins that are locked up in escrow. On the other hand, the max supply quantifies the maximum amount of coins that will ever exist, including the coins that will be mined or made available in the future.
Read moreDoes circulating supply matter?
The Circulating Supply metric is of utmost importance within the crypto asset industry and for good reason. It, along with a crypto asset’s per unit price, allows investors to better understand the relative valuation of different assets.
Read moreWhat is a good circulating supply in cryptocurrency?
For example, even though nominally the circulating supply of Bitcoin (BTC) should be over 18 million coins — as that is how many Bitcoin have been mined since the network’s inception — it is estimated that around 4 million BTC have been permanently lost, placing the true circulating supply closer to 14 million .
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