Cryptocurrency Q&A
What does circulating supply of a coin mean?
What does circulating supply of a coin mean?
Federica
Thu Aug 29 2024
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6 answers
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Excuse me, could you please clarify for me what exactly does the term "circulating supply of a coin" mean in the world of cryptocurrency? I'm trying to understand the factors that affect the value and market capitalization of a particular coin, and I've come across this term quite often. Is it simply the total number of coins that are currently available for trading and in the hands of investors, or does it encompass something more complex? I'd really appreciate it if you could break it down for me in a concise and easy-to-understand manner.
6 answers
HanjiArtist
Fri Aug 30 2024
Circulating Supply is a fundamental concept in the realm of cryptocurrency. It refers to the total number of coins or tokens that are currently in active circulation and available for trading.
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SejongWisdomSeeker
Fri Aug 30 2024
This approach helps to maintain stability in the market and prevents excessive volatility caused by a sudden influx of new coins.
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Alessandro
Fri Aug 30 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of traders and investors. Among these services are spot trading, futures trading, and cryptocurrency wallets.
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Riccardo
Fri Aug 30 2024
This figure represents the portion of a cryptocurrency's total supply that is being utilized in the market and by the general public.
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Nicola
Fri Aug 30 2024
It's essential to note that when a company or project launches a new cryptocurrency, they typically do not release the entire supply into circulation at once.
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