Keep these points about circulating supply and total supply in mind:
1) Total supply generally refers to all tokens that have been created, minus those that have been burned, including tokens that are still locked.
2) Since the Ethereum London upgrade in 2021, the base fee for every transaction has been burned, so ETH’s total supply may increase or decrease.
3) When comparing the valuations of two coins, first check whether you’re comparing their circulating market caps or their FDVs—the different metrics can lead to very different conclusions.
The maximum supply of $BTC is hard-capped at 21 million coins, and the number already mined is gradually approaching that limit.
NFA, DYOR.
1) Total supply generally refers to all tokens that have been created, minus those that have been burned, including tokens that are still locked.
2) Since the Ethereum London upgrade in 2021, the base fee for every transaction has been burned, so ETH’s total supply may increase or decrease.
3) When comparing the valuations of two coins, first check whether you’re comparing their circulating market caps or their FDVs—the different metrics can lead to very different conclusions.
The maximum supply of $BTC is hard-capped at 21 million coins, and the number already mined is gradually approaching that limit.
NFA, DYOR.