Circulating supply (CS) reflects the number of coins or tokens that are active on the crypto market and available at the moment. It affects the market capitalization of crypto, as market cap is calculated by multiplying a coin’s price and circulating supply. This metric specifies the size of cryptocurrency. Knowing CS can help you in the analysis, experienced traders may make conclusions about the value and liquidity of the currency on the market.
There is a particular pattern: the more coins there are on the market, the lower their price will be.
The comparison of Bitcoin Cash’s price and circulating supply with Dogecoin’s ones.