Why does SHELL's market capitalization differ across platforms?
Some data platforms report SHELL's circulating supply at around 270 million tokens, while other sources put it close to 457 million.
Since market capitalization is calculated by multiplying the token price by the circulating supply, this discrepancy can cause the displayed market cap to differ by millions of dollars.
This doesn't necessarily mean the actual supply has changed over a few days. Platforms may be using different calculation methods.
When researching a token, check both the figures and how they're calculated.
#SHELL #MarketCap #DataLiteracy
Some data platforms report SHELL's circulating supply at around 270 million tokens, while other sources put it close to 457 million.
Since market capitalization is calculated by multiplying the token price by the circulating supply, this discrepancy can cause the displayed market cap to differ by millions of dollars.
This doesn't necessarily mean the actual supply has changed over a few days. Platforms may be using different calculation methods.
When researching a token, check both the figures and how they're calculated.
#SHELL #MarketCap #DataLiteracy