A cryptocurrency’s circulating supply defines how many units of that cryptocurrency exist in the market at a point in time.
For example, there are 121,712,774 ETH, as of this writing.
The circulating supply of a cryptocurrency can increase or decrease over time. Understanding how many units of cryptocurrency exist helps investors determine the market capitalization of a cryptocurrency, itself a measure of the total size or value of a cryptocurrency.
This material is for informational purposes only and should not be construed as financial, legal, or tax advice. You should consult your own financial, legal, and tax advisors before engaging in any transaction. Information, including hypothetical projections of finances, may not take into account taxes, commissions, or other factors which may significantly affect potential outcomes. This material should not be considered an offer or recommendation to buy or sell a security. While information and sources are believed to be accurate, UNest does not guarantee the accuracy or completeness of any information or source provided herein and is under no obligation to update this information.