Circulating Supply: Why Market Caps Disagree
Different trackers have reported SHELL circulating supply figures ranging from approximately 270 million to 457 million tokens.
With a maximum supply of 1 billion, this difference has a significant impact on calculated market capitalization.
For example, the 10 November report referenced market-cap estimates around $5.5 million on one set of trackers and approximately $9 million on another.
Always check the supply methodology before comparing valuation figures.
#Tokenomics #MarketCap #SHELL
Different trackers have reported SHELL circulating supply figures ranging from approximately 270 million to 457 million tokens.
With a maximum supply of 1 billion, this difference has a significant impact on calculated market capitalization.
For example, the 10 November report referenced market-cap estimates around $5.5 million on one set of trackers and approximately $9 million on another.
Always check the supply methodology before comparing valuation figures.
#Tokenomics #MarketCap #SHELL