Token supply describes how many tokens exist, circulate, are locked, can be minted, or may be released over time.
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Short definition
Token Supply is token supply describes how many tokens exist, circulate, are locked, can be minted, or may be released over time.
Simple explanation
Supply numbers can include circulating supply, total supply, max supply, burned tokens, and locked tokens.
Why it matters
Supply affects market cap, FDV, dilution, unlock risk, and tokenomics analysis.
Example context
A project may have 10 billion total tokens but only 1 billion circulating at launch.