Binance coin is the crypto-coin issued by the binance exchange and trades with a BNB symbol. This coin runs on the Ethereum blockchain with standard ERC 20 and is limited to a maximum of 200 million BNB tokens .11 Mar 2022
Read moreWhat is the market cap of Binance Coin?
BNB-USD – Binance Coin USD Market Cap68.277BCirculating Supply165.12MMax SupplyN/AVolume1,825,954,048Volume (24hr)1.83BBinance Coin USD (BNB-USD) Price, Value, News & History finance.yahoo.com › quote › BNB-USD
Read moreWhat is total supply of 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 moreDoes crypto total supply affect price?
Since the market prices of a cryptocurrency coin cannot be directly affected by the part of the supply that is locked or reserved , the calculation of market capitalization normally considers only the circulating supply instead of the total supply.
Read moreWhat happens to price when crypto reaches max 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 moreWhat happens when circulating supply is reached?
After reaching 21 million supply in circulation, Bitcoin will become more scarce and miners will be dependent on transaction fees, instead of block rewards . The miners will start earning more out of the transactions that happen on these blockchains than from the mining itself.
Read moreWhat does circulating supply mean for crypto?
Circulating Supply is the total number of coins or tokens that are actively available for trade and are being used in the market and in general public . When a company creates a particular number of tokens, only a portion of it instead of the whole supply is made available for circulation.
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