Cryptocurrency Q&A
What token total supply?
What token total supply?
DigitalDynastyQueen
Tue Nov 26 2024
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5 answers
854
I'm inquiring about the total supply of a specific token. I want to know the overall amount of tokens that have been issued or are available in circulation for that particular cryptocurrency or token.
5 answers
mia_rose_painter
Thu Nov 28 2024
This figure includes all the coins that are currently in circulation, meaning they are available for trading, buying, and selling on various exchanges and platforms.
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ethan_thompson_psychologist
Thu Nov 28 2024
Total Supply is a term used in the cryptocurrency industry to describe the entire quantity of coins or tokens that have been generated or mined for a particular digital currency.
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Maria
Wed Nov 27 2024
Additionally, Total Supply also takes into account coins that are locked or reserved, such as those held by the founding team, investors, or used for specific purposes like staking or voting.
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DaeguDivaDanceQueenElegance
Wed Nov 27 2024
It is important to note that the Total Supply figure does not remain static and can change over time, especially for cryptocurrencies that have a defined issuance schedule or have mechanisms for burning coins.
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Michele
Wed Nov 27 2024
Coins that have been burned or destroyed are not considered part of the Total Supply. Burning coins is a process where coins are sent to a wallet with no private key, essentially removing them from circulation forever.
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