Can you clarify for me the meaning of "100% circulating supply" in the context of cryptocurrency? I understand it refers to the total amount of a particular
cryptocurrency that is currently in circulation and available for trading, but I'm not sure what it signifies when the percentage is at 100%. Does it mean that all the tokens have been mined and released, or is there something else I'm missing? Your insight would be greatly appreciated.
7 answers
DigitalBaron
Mon Aug 05 2024
Cryptocurrency market metrics often involve the discussion of circulating supply, a term that refers to the total number of coins currently in public circulation.
Silvia
Mon Aug 05 2024
It's essential to differentiate between circulating supply and other related metrics like total supply and max supply.
Lucia
Mon Aug 05 2024
Total supply, for instance, represents the total number of coins that have been issued or mined.
CryptoMagician
Mon Aug 05 2024
However, not all of these coins are necessarily in circulation, as some may have been burned or permanently removed from the system.
CryptoQueenBee
Sun Aug 04 2024
Circulating supply, therefore, provides a more accurate representation of the number of coins that are actively available for trading and use.