This article has been translated from English to Gen Z Slang.
Total Supply is like, mad important, bro. 💰 It’s all about those coins or tokens that have been whipped up or mined and are chillin' out there, including ones that are on lock or reserved.
But if some coins got yeeted (aka burned), you gotta subtract those from the total, no cap. 🔥
If these coins or tokens are available for the squad to trade, they’re officially in circulation. 💸
Crypto ICO’s and those sneaky private sales usually put those tokens on a timeout, like, you can't bring 'em to the party just yet. Gotta wait for their time to shine later, you know? ⏳
Some blockchains be serving 🔥 vibes by burning coins or tokens as part of their tokenomics, kinda like when Binance goes crazy with the quarterly coin burns of Binance Coin (BNB). 🔥🌎
Total supply won’t spill all the tea on a crypto’s market cap, fam. 🤔 No cap, you gotta use the circulating supply metric for those deets. 🧐
Link up total supply and circulating metrics to flex on crypto’s future gains. 📈
Investors, low-key, eye those gaps between circulating and total supply, 'cause if it’s a big gap, it means fresh coins are gonna hit the streets soon. This might push those prices down, my guy. 📉
No confusion, y’all. Total supply is not the same as Circulating Supply or Max Supply. Remember that. 😅