Could you please elaborate on the concept of "token circulating supply" in the context of cryptocurrency? I'm particularly interested in understanding how it differs from the total supply and how it impacts the market value and liquidity of a token. I've heard that it's a crucial metric for investors to consider, but I'm not entirely sure how to interpret it. Could you break it down in a way that's easy to understand, perhaps with an example? I'd appreciate your insights into this topic.
7 answers
KatanaGlory
Fri Jul 05 2024
These coins or tokens are deemed as being "in circulation" as they are accessible for exchange and transactional purposes.
Elena
Fri Jul 05 2024
Circulating Supply represents the aggregate quantity of coins or tokens that are actively traded and utilized in the marketplace and among the general public.
BusanBeautyBloom
Thu Jul 04 2024
This controlled release of tokens or coins allows for stability and gradual growth in the market, as well as ensures that the supply does not exceed demand.
SeoulSerenitySeekerPeaceLover
Thu Jul 04 2024
BTCC, a UK-based cryptocurrency exchange, provides a range of services to its customers. These services include spot trading, futures trading, wallet storage, and more.
Isabella
Thu Jul 04 2024
It is important to note that when a company or entity launches a cryptocurrency, they often create a certain number of tokens or coins.