{"id":4322,"date":"2021-02-02T20:54:20","date_gmt":"2021-02-02T20:54:20","guid":{"rendered":"https:\/\/tokpie.io\/blog\/?p=4322"},"modified":"2025-05-28T16:55:32","modified_gmt":"2025-05-28T16:55:32","slug":"token-circulation-supply-how-increase-important","status":"publish","type":"post","link":"https:\/\/tokpie.io\/blog\/token-circulation-supply-how-increase-important\/","title":{"rendered":"Token Circulation Supply: How to Update? Why Is It Important?"},"content":{"rendered":"\n

Thanks to our instructions to add a coin to Coingecko<\/a>, hundreds of projects successfully appeared on CG. But, if you’re the owner or CEO of a blockchain startup, you should take care of your token circulation supply. But what is the token circulating supply? Why is it so important? How to change the circulation supply of your cryptocurrency on Coingecko? This article explains everything. Besides, discover the guide on how to update circulating supply on CoinMarketCap<\/a>.<\/p>\n\n\n\n

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What is the circulation supply?<\/h2>\n\n\n\n

In simple words, a Circulating\nsupply is the free float of your project’s cryptocurrency. Another definition\nis the number of your project’s tokens that people can buy and sell on\nexchanges’ spot markets right now.<\/p>\n\n\n\n

What is the circulation\nsupply formula?<\/strong><\/h3>\n\n\n\n

Simultaneously, the Circulating\nsupply formula can vary depending on the tokenomics of a project. In general,\nthere are two types of tokenomics. The first is when a company creates a fixed\namount of tokens. The second one is when a company issues coins whose total\nsupply can vary in the future.   <\/p>\n\n\n\n

Fixed total supply of tokens<\/h4>\n\n\n\n

90% of projects issue a strict\namount of tokens without any possibility to generate new coins in the future.\nIn that case, the Circulation supply formula is as follow:<\/p>\n\n\n\n

Circulating supply = Total Supply - Team & foundres' tokens - Treasury tokens - Locked tokens<\/code><\/pre>\n\n\n\n
Important to note that potential\ntoken-buyers prefer to have coins whose price will not be affected by\nadditional token supply. <\/p>\n\n\n\n
Flexible total supply of tokens<\/h4>\n\n\n\n
The second type is when a project\ncreates mintable cryptocurrency. So, the total supply might be increasing or\ndecreasing in the future due to the smart contract conditions. In this case,\nthe Circulation supply formula is quite simple:<\/p>\n\n\n\n
Circulating supply = Total Supply<\/code><\/pre>\n\n\n\n
Why is circulation supply so important?<\/h2>\n\n\n\n
It’s hard to overestimate the importance of the circulation supply. It affects the market capitalization of your project and ranks on coin trackers. A high rank on trackers, in turn, automatically attracts potential buyers, users, and partners to your project. Moreover, a high circulation supply inspires current and future token-holders to hold your cryptocurrency.<\/p>\n\n\n\n
It’s important to note that the circulating supply only works when trackers display it. So it doesn’t matter what you state on your project website about total and circulation supply. Also, measure the leading cryptocurrency tracking systems<\/a>.<\/p>\n\n\n\n
How to improve market cap with circulating supply?<\/h3>\n\n\n\n
Obviously, to increase your\ncryptocurrency market capitalization, you should increase its circulating\nsupply reported by trackers if your token price is stable then, the higher your\ntoken’s circulating supply, the bigger its market capitalization.<\/p>\n\n\n\n
How to increase the rank of my cryptocurrency?<\/h3>\n\n\n\n
There are many ways to increase the rank of your cryptocurrency. But, the most efficient way is to increase your circulation supply. Look at the list of coins on Coingecko<\/a>. As you see, the higher the market cap (token circulating supply x price<\/em>), the higher the rank of a coin. Therefore, to move up your token’s position, first, you should take care of its circulating supply. <\/p>\n\n\n
\n
\"Rank
List of coins on Coingecko<\/figcaption><\/figure><\/div>\n\n\n
Moreover, with your coin’s rank\nincreasing, more and more people will be noticing your project. It will\nincrease your website’s organic traffic, the number of new token buyers and\nusers.   <\/p>\n\n\n\n
Does circulation supply inspire token buyers?<\/h3>\n\n\n\n
In addition to the above, a high\ncirculation supply inspires token holders and potential buyers. Why? It’s\nstraightforward. Investors prefer to have cryptocurrency which price will not\nbe affected by a suddenly increased supply. So, a priory, cryptocurrencies with\na high percentage of circulating emissions are more attractive for\nbuyers. <\/p>\n\n\n\n
If you have just added your token on Coingecko, then it appears in the Recently Added Coins List<\/a>. Now, imagine you’re an investor and ask yourself: “what line would I click to learn more about the project \u2013 a line with a question mark or a line that states a market cap”? The answer is obvious. So, don’t lose a chance to get free traffic and buyers \u2013 update your token’s circulation supply (CS) as soon as possible. Read the next paragraph to know how to update CS for your cryptocurrency. <\/p>\n\n\n
\n
\"recently
Coins added on Coingecko recently<\/figcaption><\/figure><\/div>\n\n\n
How can I change the token circulating supply on CoinGecko?<\/h2>\n\n\n\n
The process of updating your\ntoken’s circulation supply has three stages and can be very time consuming,\nespecially if you don’t know how to fill the form (step 1). So if you don’t\nhave time or enough experience, reach our team at info@tokpie.com so that we\ncould help. Otherwise, perform the following steps by yourself.<\/p>\n\n\n\n
1st Step: Preparing Token Distribution Details<\/h3>\n\n\n\n
Remember that this is an essential step. So, if you don’t know how to fill it out correctly, ask for help here: info@tokpie.com<\/a>. During this stage, you need to create the table<\/span> in the required format, fill it out with information, and get a sharable (public) link.<\/p>\n\n\n\n
Update<\/strong>: As of September 21st, 2024, the process for updating circulating supply (CS) on CoinGecko has changed. Now, projects must add holders’ information along with token submission requests. Therefore, we will update steps 2 and 3 below with more relevant information soon. Additionally, this new requirement simplifies future token listings.<\/p>\n\n\n\n
Creating a table<\/h4>\n\n\n\n
By using your project’s official email address, create a copy of\u00a0the template\u00a0in Google Docs.\u00a0<\/p>\n\n\n\n
Filling in the table with token distribution details<\/h4>\n\n\n\n
After creating a table from a\ntemplate, fill it with the information about your token distribution. Remember\nthat this is a crucial step. So, if you don’t know how to fill it correctly,\nask for help here info@tokpie.com.<\/p>\n\n\n\n
2nd Step: Filling the request form <\/h3>\n\n\n\n
Fill the GoinGecko’s form<\/a> as shown below.<\/p>\n\n\n\n
\"Request
Coingecko Request form page 1<\/figcaption><\/figure>\n\n\n
\n
\"\"
Request form page 2<\/figcaption><\/figure><\/div>\n\n\n
\"Request
Coingecko Request form page 3<\/figcaption><\/figure>\n\n\n\n
3rd Step: Sending request to the Coingecko team<\/strong><\/h3>\n\n\n\n
Also, by using your project’s official email address, send a request message<\/a> to CoinGecko. Find the message template below:<\/p>\n\n\n\n
 “Hello, kindly update our circulation supply on the [your token symbol]<\/em> token page: [link to your token page on Coingecko]<\/em>.<\/p>\n\n\n\n
Here is the Google Sheet link to the supply distribution data: [public link to the table you prepared in the 1st Step above<\/a>]<\/em>.”<\/p>\n\n\n\n
4th Step: Waiting and replying to CoinGecko’s questions<\/h3>\n\n\n\n
After you complete steps 1-3, wait for a reply from CoinGecko. In most cases, they ask you to clarify some information about your token supply. So, to pass this stage smoothly, make sure that you fill the distribution spreadsheet correctly. Coingecko will update your token circulation supply, market capitalization, and rank within 48-72 hours if everything is fine. <\/p>\n\n\n\n
The bottom line<\/strong><\/h2>\n\n\n\n
It’s hard to see when blockchain startups’ owners and directors ignore the circulation supply factor \u2014 such a vital aspect of the cryptocurrency business. The increase of token circulating supply opens the unlimited, straightforward, and forever free road to new token buyers and users’ flow. So, don’t wait; use this guide<\/a> to stand out your cryptocurrency from the coins of lazy owners. <\/p>\n\n\n\n