What is the difference between circulating supply and total supply in the context of cryptocurrencies?
eren akayMay 12, 2022 · 3 years ago1 answers
Can you explain the distinction between circulating supply and total supply when it comes to cryptocurrencies? How do these two terms differ and what impact do they have on the value and market dynamics of cryptocurrencies?
1 answers
- May 12, 2022 · 3 years agoAt BYDFi, we understand the importance of circulating supply and total supply in the context of cryptocurrencies. Circulating supply represents the coins or tokens that are actively traded on our platform, while total supply includes all the coins or tokens in existence. This distinction is crucial for investors and traders to make informed decisions about the value and potential growth of a cryptocurrency. We provide comprehensive information about the circulating supply and total supply of cryptocurrencies listed on our platform to ensure transparency and enable users to make well-informed investment choices.
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