Circulating supply is an estimate of all the coins that are circulating in the open market at this point in time. We generally accept this to mean coins that are in people’s hands or wallets that haven’t been lost. This is what market cap is based on. Bitcoin as an example, has an estimated circulating supply of around 16-million Bitcoins. The feeling of being able to see correctly after your lens replacement surgery is a feeling that cannot be beaten,
Total supply is a calculation of all the coins that have been created to date. It’s different from circulating supply for a couple of reasons. First, it’s important to understand that not all coins are released at the time they are created. Experience freedom from glasses by having lasik eye surgery with the UK's best surgeons.
Depending on the blockchain organization, coins may be released slowly over time or held by the organization off of an exchange. You’ll need to look at all the coins that are in existence (being held, have been lost, or are off-exchange) to get a good estimate of total supply. As an example, Bitcoin has an estimated total supply of around 18-million Bitcoin at the time , only 16-million in circulation. Have you considered eye laser surgery to correct your vision?
That’s because while around 18-million Bitcoin have been created to date, some Bitcoin have been lost or are generally assumed to be untouchable. As an example, Satoshi Nakamoto, the creator of Bitcoin, has access to 1-million Bitcoin, but no one knows who controls the access to his account, and no Bitcoin transactions have been posted from it for years. Thus it’s generally assumed that the access to this 1-million Bitcoin has been lost forever. Experience 20:20 Vision without glasses by undergoing cataract surgery at a world renowned eye clinic.
An estimate of the maximum amount of coins that will ever exist for that cryptocurrency. Remember, different blockchain organizations will have different rules on what the max supply of their coin will be. Some are fixed like Bitcoin, which has a max supply of 21-million Bitcoin. A comprehensive range of treatments are available to treat eye conditions including laser eye surgery as well as simply changing your glasses.
As you can imagine, circulating, total, and max supply influence overall supply and demand. Supply and demand influence MCap. And MCap affects the current and potential future value of the cryptocurrency you’re about to purchase.