Let’s talk about circulating supply and total supply.
Total supply usually refers to all tokens that have been created, minus any that have been burned. It includes tokens that are not yet in circulation.
Honestly, I only learned this later: when comparing the valuations of two coins, first check whether you’re comparing market cap based on circulating supply or FDV. Different metrics can lead to very different conclusions.
$BTC has a fixed maximum supply of 21 million coins, and the number already mined is getting closer and closer to that limit. The current price is 82214.01.
Understanding the principles helps you make informed decisions; it’s not about predicting whether prices will rise or fall.