đ¨đ¨ Very important for new and beginners in the field of digital currency trading.
As a new trader and investor in cryptocurrencies, you should know the difference between:
⢠Circulating supply
⢠Total supply
⢠Max Supply
Let's start
1ď¸âŁ Circulating Supply:
It is what gives value to the currency, meaning the currencies offered for trading and that we can buy and sell
2ď¸âŁ Total supply:
It means the total currencies currently available
Some of them are not offered for trading, some of them have been burned, and some of them are locked in contracts or in wallets whose owners have lost their keys
3ď¸âŁ Max Supply:
It means the maximum possible number of currencies that can be printed or minted in the future, and the currency cannot exceed this number
â ď¸ There are many currencies that do not have a Max Supply, and an infinite number of them can be printed and minted
Some project teams do not work on Max Supply for the currency so that more can be printed in the future for network validators (Validators) and other things
The most prominent known currencies without Max Supply :
$ETH
$BNB
$FIL
$NEAR
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