Where can I see a real-time graph of the circulating supply of MiL.k (MLK) coins?

By tracking real-time circulating supply graphs on platforms like CoinMarketCap, CoinGecko, and Binance, investors can monitor MLK's token availability and gauge market dynamics to make informed trading decisions.

Dec 17, 2024 at 08:16 pm

Key Points:

• Viewing Real-Time Circulating Supply Graphs:

  • Use CoinMarketCap for a real-time chart of MLK's circulating supply.
  • Access CoinGecko for detailed statistics and a circulating supply graph for MLK.
  • Utilize Binance's Advanced Chart tab for a real-time circulating supply display.

• Steps to Access Real-Time Circulating Supply Graphs:

  • Visit CoinMarketCap and search for "MiL.k (MLK)."
  • Navigate to the "Markets" tab and select a suitable trading pair (e.g., MLK/USDT).
  • Find the "Circulating Supply" line on the chart for real-time updates.

• Understanding Circulating Supply:

  • Circulating supply reflects the number of MLK coins currently in circulation and available for trading.
  • It excludes tokens held by the project team, treasury, and other locked or inaccessible wallets.

• Importance of Tracking Circulating Supply:

  • Monitoring circulating supply helps gauge market dynamics and price movements.
  • Changes in circulating supply, such as increases through issuance or decreases through burns, can significantly impact the token's value.

Steps to Access Real-Time Circulating Supply Graphs:

1. On CoinMarketCap:

   • Navigate to CoinMarketCap.com and search for "MiL.k (MLK)."
   • From the "Overview" page, scroll down to the "Technical Analysis" section.
   • Select a trading pair from the "Markets" drop-down menu (e.g., MLK/USDT).
   • The "Circulating Supply" is displayed as a value beneath the price chart.

2. On CoinGecko:

   • Visit CoinGecko.com and search for "MiL.k (MLK)."
   • Click on the "Stats" tab in the left-hand sidebar.
   • Scroll down to the "Circulating Supply" section.
   • The real-time circulating supply is displayed along with a historical chart.

3. On Binance:

   • Log in to your Binance account and navigate to the "Markets" page.
   • Search for "MiL.k (MLK)" and select a trading pair (e.g., MLK/USDT).
   • Click on the "Advanced Chart" tab.
   • The "Circulating Supply" is displayed as a separate line beneath the price chart.

Understanding Circulating Supply:

• Circulating supply refers to the number of MLK coins that are currently in circulation.
• It excludes coins that are held in reserve, locked in smart contracts, or otherwise not available for trading.
• The circulating supply is constantly changing as new coins are minted and old coins are burned or otherwise removed from circulation.

Importance of Tracking Circulating Supply:

• Tracking the circulating supply of MLK can provide insights into the dynamics of the market and potential price movements.
• An increase in circulating supply, caused by factors such as new coin issuance or unlocking of previously reserved tokens, can lead to downward pressure on prices.
• Conversely, a decrease in circulating supply, due to coin burns or other mechanisms, can have bullish implications by reducing the number of coins available for sale.