Total supply

Total Supply is the sum of all tokens that are available on a given blockchain for a given cryptocurrency. This includes both tokens that are already in circulation and those that are blockchained or inactive.
Relative to Supply and Demand:
Knowing Total Supply allows you to analyze what quantities of tokens are generally available in the market. This is key to understanding supply, which can affect the value of a token in terms of its relationship to demand.
Project Life Cycle Supply:
The total quantity of tokens can fluctuate over time, especially for projects that use token burn mechanisms or tokens are issued over time as part of the mining process (if applicable).
Token Burn:
Some projects introduce token burn as a way to control the supply and potentially increase the value of individual tokens. Burning involves permanently removing some tokens from circulation.
Role in the Ecosystem:
Total volume plays a key role in the cryptocurrency ecosystem. It can influence the rules of token economics, such as staking rewards, governance systems or token issuance strategies.
Locked or Inactive Tokens:
Total Supply also includes tokens that are blocked or inactive. These can be tokens assigned to a project team, reserved for development purposes, or others that are not available on the market.
Transparency and Investor Information:
By knowing Total Supply, investors can better understand how many tokens are available, how they are allocated, and whether there are mechanisms in place to affect this amount in the future.
Hyperinflation and Deflation Analysis:
When Total Supply grows too fast, it can lead to hyperinflation, which in turn affects the value of individual tokens. Conversely, growing too slowly can lead to deflation.
Total Supply is one of the key parameters to understand for cryptocurrency investors, developers and market participants, as it affects the economic foundation of a project. Watching how a project manages its Total Supply can provide insight into its economic strategy and long-term development plan.