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 coin circulating supply?
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.
Read moreHow do you calculate the circulation supply of a coin?
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 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.
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