How to find the free float of a specific cryptocurrency?
suhaib mohadatDec 18, 2021 · 3 years ago3 answers
Can you provide some methods to find the free float of a specific cryptocurrency? I'm interested in understanding the circulating supply of a particular cryptocurrency and how it affects its market value.
3 answers
- Dec 18, 2021 · 3 years agoTo find the free float of a specific cryptocurrency, you can check the official website of the cryptocurrency project. They usually provide information about the total supply and circulating supply of their tokens. The circulating supply represents the number of tokens that are currently in circulation and available to the public. By subtracting the circulating supply from the total supply, you can calculate the free float. Keep in mind that the free float may change over time as new tokens are minted or burned.
- Dec 18, 2021 · 3 years agoFinding the free float of a specific cryptocurrency can be a bit tricky, but there are a few methods you can try. One option is to use a cryptocurrency data aggregator website like CoinMarketCap or CoinGecko. These platforms provide detailed information about various cryptocurrencies, including their circulating supply. Another option is to check the cryptocurrency's whitepaper or official documentation. They often mention the total supply and circulating supply of the tokens. Additionally, you can join cryptocurrency forums or communities to ask for information from experienced traders and enthusiasts.
- Dec 18, 2021 · 3 years agoIf you're looking to find the free float of a specific cryptocurrency, you can use the BYDFi platform. BYDFi is a popular cryptocurrency exchange that provides comprehensive data on various cryptocurrencies, including their circulating supply. Simply search for the cryptocurrency you're interested in on the BYDFi platform, and you'll find detailed information about its circulating supply and other relevant data. BYDFi is known for its reliable and up-to-date information, making it a valuable resource for cryptocurrency enthusiasts.
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