What is Max Supply ?

Max supply represents the highest projected quantity of coins that will ever be in circulation for a cryptocurrency throughout its existence. Once this upper limit is reached, no further coins will be created or added. The determination of max supply is typically guided by the specific rules and protocols of each cryptocurrency. For instance, Bitcoin's max supply is fixed at 21 million coins. However, not all cryptocurrencies adhere to a predetermined fixed supply model, as is the case with Ethereum.

It's important to differentiate max supply from total supply. While max supply encompasses both the coins that have already been mined and those that remain to be mined, total supply takes into account the coins that have been lost in addition to the mined ones. The concept of max supply is integral to understanding the potential scarcity and long-term dynamics of a cryptocurrency's ecosystem.$