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Glossary / Circulating supply

Circulating supply

Circulating supply is the number of coins that are actually tradable right now, excluding locked team, investor or treasury coins.

Why it matters

It is the figure used for market cap, so check how much is still locked before judging value.

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Related terms

Fully diluted valuation (FDV)FDV is the price multiplied by the maximum supply that will ever exist, including coins no…Token unlockA token unlock is a scheduled release of previously locked coins, usually to early investo…Market capitalizationMarket cap is a coin's price multiplied by the number of coins in circulation. It is the u…

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