What’s the difference between circulating supply, total supply, and maximum supply?
Different data websites may use different criteria to calculate “circulating supply,” so the figures for the same coin can vary from one website to another.
Circulating supply refers to the number of tokens currently available for free trading on the market, excluding tokens that are still locked.
When managing funds, the most important thing to remember is this: when comparing the valuations of two coins, first check whether you’re comparing circulating market cap or FDV. Different criteria can lead to completely different results.
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