A few points to clarify circulating supply and total supply:
Some tokens have no maximum supply. For example, Ethereum has no fixed cap on its total supply.
When a coin’s circulating supply is only a small fraction of its maximum supply, there may be significant pressure from future releases. In that case, consider the unlock schedule as well.
Don’t judge whether a coin is expensive based only on its unit price. Market cap, calculated by multiplying the unit price by the circulating supply, is more useful for comparison.
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