Circulating, Total, and Max Supply: What Each Number Actually Means
Crypto projects list multiple supply numbers that mean very different things. Learn the difference between circulating supply, total supply, and maximum supply.
Market cap, FDV, emissions schedules, supply shocks -- plain English explanations of the concepts that matter for crypto investing.
Crypto projects list multiple supply numbers that mean very different things. Learn the difference between circulating supply, total supply, and maximum supply.
Understanding market capitalisation is the single most important skill for evaluating crypto projects. Learn why a low coin price does not mean a coin is cheap.
Supply shocks can send crypto prices soaring or crashing. Learn what caused the biggest supply events in crypto history and how to spot the next one.
Learn what fully diluted valuation is, how to calculate it, and why the gap between FDV and market cap can signal future selling pressure.
Learn how crypto tokens are released over time, how vesting schedules work, and why upcoming token unlocks can affect price.
Understanding token supply and valuation is essential for making informed decisions in crypto. A low token price does not mean a coin is cheap -- market capitalization tells the real story. Similarly, fully diluted valuation reveals the potential selling pressure from future token unlocks. These guides break down each concept with real examples so you can evaluate any token with confidence.