Why is the circulating supply of Terra Luna important for understanding its token distribution?

3 answers

• Mar 06, 2022 · 3 years ago
  The circulating supply of Terra Luna plays a crucial role in understanding how its tokens are distributed. It represents the number of tokens that are currently in circulation and available for trading. By knowing the circulating supply, investors can assess the liquidity and market demand for Terra Luna. Additionally, it provides insights into the token distribution strategy of Terra Luna, as a large circulating supply may indicate a wider distribution among holders.
  472236
• Mar 06, 2022 · 3 years ago
  Understanding the circulating supply of Terra Luna is essential for investors to evaluate the potential price movements of the token. A higher circulating supply, combined with a limited demand, may result in downward pressure on the token's price. On the other hand, a lower circulating supply with increasing demand can contribute to price appreciation. Therefore, monitoring the circulating supply is crucial for making informed investment decisions.
  453151
• Mar 06, 2022 · 3 years ago
  From BYDFi's perspective, the circulating supply of Terra Luna is an important factor to consider when listing the token on our exchange. We aim to provide our users with a diverse selection of tokens, and the circulating supply helps us assess the token's availability and trading volume. By listing tokens with a significant circulating supply, we can ensure a more liquid market for our users.
  39699