Supply
Total, maximum, or circulating amount of a token available on the market.
Beginner-friendly explanation
The supply of a token is the amount available on the market. The more tokens available, the more it can affect their price. Example: Bitcoin has a maximum supply set at 21 million coins.
Intermediate-level insight
There are three types of supply: Maximum supply (absolute cap), Total supply (created but not necessarily circulating), Circulating supply (currently traded). Example: ETH’s circulating supply constantly changes as new ethers are created by block validation.
Advanced perspective
Supply directly impacts tokenomics and project valuation. Mechanisms like 'burning' or 'halving' adjust supply dynamics to create scarcity or stabilize token economics. Example: Bitcoin’s halving cuts new bitcoin issuance by half every four years, increasing scarcity.
Cryptocurrencies & Tokens
supply, maximum supply, circulating supply, halving, burn, scarcity, inflation, tokenomics, valuation