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Total supply

Prince Tak by Prince Tak
February 17, 2023
in Web3 Glossary T, Web3Glossary
Reading Time: 1 min read
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Home » Web3Glossary » Total supply

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Total supply refers to the amount of a particular cryptocurrency that has been issued and is in circulation.

It is the sum of all tokens that have been mined, created, or distributed, and it serves as a metric for measuring the supply-demand relationship in the market. The total supply can also be used to evaluate the scarcity of a particular cryptocurrency and its potential for future growth. This figure can be found on the official website or blockchain explorer of the specific cryptocurrency and is updated in real-time.

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Additionally, some cryptocurrencies have a set maximum limit on the total supply, which can have a significant impact on their value and future growth prospects.

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