In the description of the currency, what is the difference between volume and trading supply?
The difference between *circulating supply* and *volume* in the context of digital currencies:
1. *circulating supply*:
- refers to the total number of digital currencies currently in circulation in the market.
- includes currencies available for trading by the public, but does not include currencies that have not yet been issued or those that are reserved.
- trading supply can change over time as currencies are added or removed from circulation.
2. *volume*:
- refers to the total value of all transactions that took place in a given period of time, usually over a 24-hour period.
- volume is measured in the digital currency itself or in traditional currency (such as the US dollar).
- volume is an important indicator of market activity and liquidity, as it reflects the number of times a currency is bought and sold.
In short, trading supply represents the amount of currency available in the market, while volume represents the trading activity and transaction movement of that currency.