Depends where you look. Some places quote around 50Billion. Hard to calc given that circulating supply comes in and out of existence due to end stakers
In crypto it's kind of irrelevant, It's a vanity metric.
So with 50 billions and a x10.000 already made why you think this will go to 1000$ per coin?
In time… Absolutely.
I think you are looking at market cap incorrectly. Crypto isn’t like equities (where it makes more sense). Let’s assume you have a supply of 1 trillion coins and the latest price is $1 for that coin.. does that mean there is a trillion dollars of value in that coin? I don’t think so. It’s a vanity metric in crypto
10000X would be $30 and we are no where near that
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