Circulating Supply
The number of tokens currently available to trade, excluding those locked, reserved or not yet issued.
The number of tokens currently available to trade, excluding those locked, reserved or not yet issued.
Why it matters
Market cap uses circulating supply, so a token with most of its supply still locked can look smaller than its eventual size.
Related terms
- Market Capitalisation
- Fully Diluted Valuation
- Vesting
Keep reading
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