Could you please elaborate on the total supply of Vite? As a
cryptocurrency enthusiast, I'm curious to understand the fixed number of Vite tokens that are available. Understanding the supply mechanism is crucial in assessing the potential value and scarcity of a digital asset. Is there a fixed cap, or does the supply adjust based on certain conditions? Clarifying the total supply would help investors make informed decisions regarding Vite's future prospects.
5 answers
JejuJoyfulHeartSoul
Wed Jul 03 2024
This number represents the total number of VITE tokens that are currently in circulation and actively traded in the market.
Alessandra
Wed Jul 03 2024
The circulating supply is an important metric in determining the market capitalization of VITE.
DigitalTreasureHunter
Wed Jul 03 2024
Market capitalization, often referred to as market cap, is calculated by multiplying the circulating supply of a token by its current price.
Daniela
Wed Jul 03 2024
In the case of VITE, its market capitalization is equivalent to its circulating supply, as the price of one VITE token is assumed to be 1 unit for the given context.
CryptoLordGuard
Wed Jul 03 2024
The circulating supply of VITE currently stands at 1,093,966,628.964 VITE.