🚨🚨 Very important for newcomers and beginners, save this post, it's essential 🚨🚨

As a new trader and investor in cryptocurrencies, you should know the difference between:

• Circulating supply

• Total supply

• Max Supply

Let's begin

1️⃣ Circulating Supply:

This is what gives the currency its value and refers to the coins available for trading that can be bought and sold

2️⃣ Total Supply:

This refers to the total number of coins currently available

Including those that are not available for trading, those that have been burned, and also those that are locked in contracts or in wallets whose owners have lost their keys

3️⃣ Max Supply:

This means the maximum number that can be minted or created in the future, and the currency cannot exceed this number

⚠️ There are many currencies that do not have a Max Supply, and an infinite number can be minted or created

Some project teams do not set a Max Supply for the currency so that more can be minted in the future for network validators and other purposes

Notable currencies known to have no Max Supply:

$ETH

$BNB

$FIL

$NEAR