Post
Topic
Board Altcoin Discussion
Re: Circulating supply matters to you?
by
wtsimis
on 16/07/2023, 17:30:25 UTC
Circulating supply is an important issue in the cryptocurrency world. A project circulating supply represents the total number of coins or tokens available on the market and actively circulated among investors. This directly affects the value and market capitalization of cryptocurrencies. We know that low supply creates scarcity in the market which causes the price to rise and more supply can lower the value of the token meaning demand decreases. Investors often consider supply trends when evaluating a cryptocurrency growth potential and determining its attractiveness as an investment. However, other factors such as the project underlying technology, use cases and overall market conditions should be analyzed and then invested in instead of relying solely on the advertised supply.