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Circulating supply
The number of coins currently available and moving in the market.
Circulating supply excludes coins that are locked, unminted or held in reserve. Data providers sometimes disagree on the exact figure, which is one reason market capitalizationMarket capitalization Price multiplied by circulating supply: a rough measure of a cryptocurrency's total size. numbers differ between sites.
Related terms
- Market capitalizationPrice multiplied by circulating supply: a rough measure of a cryptocurrency's total size.
- Max supplyThe most coins that will ever exist, if the protocol sets a limit.
- Fully diluted valuationWhat a project's market cap would be if every token that will ever exist were already in circulation.