Let’s talk about circulating supply and total supply.
Maximum supply is the maximum number of tokens that can ever exist under the protocol’s rules. For Bitcoin, that’s 21 million.
To be honest, I only understood this next point later: when comparing the valuations of two coins, first make sure whether you’re comparing market cap or FDV. Different metrics can lead to completely different comparisons.
$BTC has a fixed maximum supply of 21 million, and the amount already mined is gradually approaching that limit. Current price: 74838.28.
Understanding the principles helps you make informed decisions; it’s not about predicting whether prices will rise or fall.
#BTC
Maximum supply is the maximum number of tokens that can ever exist under the protocol’s rules. For Bitcoin, that’s 21 million.
To be honest, I only understood this next point later: when comparing the valuations of two coins, first make sure whether you’re comparing market cap or FDV. Different metrics can lead to completely different comparisons.
$BTC has a fixed maximum supply of 21 million, and the amount already mined is gradually approaching that limit. Current price: 74838.28.
Understanding the principles helps you make informed decisions; it’s not about predicting whether prices will rise or fall.
#BTC
