Circulating Supply
By CoinGecko | Updated on Aug 12, 2021
Circulating supply can be defined as the supply that is currently in the hands of the general public.In the case of fairly mined proof-of-work systems (eg. Bitcoin), the total supply is approximately equivalent to the circulating supply, as there are no token generation events which puts large amounts of tokens in the hands of a select few.On the contrary, initial coin offering (ICO) which have token generation events typically have a lower circulating supply vs. the total supply, such that: Circulating supply = Total Supply - Team tokens - Foundation tokens - Locked tokens
Related Terms
Cryptocurrency Act of 2020
The Cryptocurrency Act of 2020 is a bill which aims to clarify which federal agencies would regulate which type of crypto assets.
QR Code
Abbreviation "Quick Response Code", QR code is a machine readable optical label that stores up to 3Kb of data
Validator
A block-signing participant of a Proof of Stake blockchain network, whom have significant tokens staked on the network.
IEO
Initial Exchange Offering (IEO) is a spin-off of Initial Coin Offering (ICO), where the sale of tokens are conducted on an exchange rather than by the coin team themselves.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.