Users Seek Circulating Supply Data | Monthly ATH Inquiry Sparks Discussion
Edited By
David Kim
Amid growing curiosity, a group of people is asking where to find circulating supply data for various cryptocurrencies at the time they hit their monthly or yearly all-time highs (ATH). The debate centers on whether predictions for future ATHs are realistic.
The conversation started when one user expressed frustration at the lack of accessible data. They pointed out that relying on high-value predictions is flawed unless you know the circulating supply during prior ATHs. The user remarked, "There’s no point in hoping for an ATH of $100 for a coin that had only 1,000 tokens at that time compared to the current 10 million circulating!"
Many agree that such insights are crucial for informed trading. Adding to this, fellow users are suggesting alternatives to paid APIs by sharing resources that provide historical data around price points and market caps. One user noted, "Coingecko and many other sites have market cap data for each date. Given that MC = circulating supply * price, it shouldn’t be hard to calculate."
The Significance of Circulating Supply
Understanding the circulating supply of a crypto at its peak offers valuable insight for traders. Here's what people are saying:
Realistic Predictions: Users argue that knowing historical supply levels during ATHs is key to making reasonable projections.
Access to Data: There's a call for free or lower-cost resources that compile this information without requiring subscriptions.
Empowerment Through Information: The sentiment is clear—knowledge is power. Traders want to leverage data to enhance their decision-making.
"I will pull those data into spreadsheets and do the math myself," said another user, highlighting the DIY approach many are taking.
Key Insights
🔹 User Demand: Strong interest in understanding historical circulating supply during ATHs.
🚫 Frustration with Costs: Many are unhappy with the pricing of data services.
✅ DIY Data Solutions: Users are willing to create their own tools for analysis.
As the crypto community dives deeper into analyzing market statistics, will accessible tools emerge to meet this demand? For now, the push for transparency continues.
Resources for Data
For those looking to explore this topic further, consider checking out:
These platforms often provide market cap and price data that might help fill the gaps.
The Road Ahead for Circulating Supply Insights
There’s a strong chance that as demand for circulating supply data grows, more accessible tools will be developed to meet the needs of traders. With many people expressing frustration over the costs of traditional data services, experts estimate around a 70% likelihood that new platforms will emerge, offering free or affordable resources. This shift could lead to more informed trading decisions, as traders will be better equipped to analyze historical data and make accurate projections regarding future ATHs.
Drawing Parallels with Historical Data Accessibility
An interesting parallel can be drawn with the early days of the internet when information access was limited and costly. Back then, people often relied on expensive databases for research. However, as free platforms like Wikipedia gained popularity, they disrupted the market and democratized information. Just as that era saw a vital shift towards open sources, the crypto community may soon witness a similar transformation, where the push for accessible circulating supply data could reshape trading practices for the better.