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Total Supply Meaning

Total supply represents the total number of tokens that currently exist for a given cryptocurrency, including those in circulation and those that are locked, reserved, or not yet released to the public. It excludes tokens that have been permanently destroyed through burns.

This metric helps investors assess scarcity and inflation dynamics. A high total supply with aggressive emissions may dilute value, while a constrained or deflationary supply can support long-term price stability if demand persists.

Institutions use total supply alongside circulating supply and issuance schedules to evaluate valuation models and long-term dilution risks.

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