The circulating supply of Chiliz (CHZ) is 9,206,791,217.00 CHZ. This figure represents the total number of CHZ tokens currently available to the public and actively traded in the cryptocurrency market.
Understanding CHZ Supply and Market Dynamics
The circulating supply is a key metric for any cryptocurrency, as it directly influences its market capitalization and overall valuation. Unlike a total supply, which includes all coins ever created (or to be created), the circulating supply focuses on the tokens that are genuinely in circulation and accessible to investors.
For CHZ, this circulating supply is instrumental in calculating its current market capitalization. When combined with the price per token, it provides an important indicator of the project's size and market presence, reflecting the value of all CHZ tokens in active use.
Key Metrics for Chiliz (CHZ)
Based on recent market data, here are some important statistics related to Chiliz:
| Metric | Value |
|---|---|
| Circulating Supply | 9,206,791,217.00 CHZ |
| Current Market Cap | $1,057,490,688.88 |
| 24-Hour Trading Volume | $464,131.86 |
| 24-Hour Price Change | Down 3.32% |
Data accurate as of recent market observations.
How Circulating Supply Impacts Value
The circulating supply plays a vital role in determining a cryptocurrency's market valuation. A lower circulating supply, coupled with high demand, can potentially lead to a higher price per token, assuming all other factors remain constant. Conversely, a very high circulating supply might require substantial demand to maintain a significant price. Investors often monitor changes in circulating supply to gauge the potential scarcity or availability of a token, which can influence their investment decisions. For more detailed insights into cryptocurrency market data, you can refer to comprehensive crypto price tracking platforms.
