Glossary
Supply
Also written or said as: token supply
How many tokens of a coin exist.
Most pump.fun coins start with 1 billion tokens, but Mayhem mode coins start with 2 billion, and burns can take a coin a little below its starting number, so check the supply before you work out a market cap. Who holds the supply matters more than the total: the top wallets, the dev and the bundlers. Supply can shrink through burns, and it can only grow if the mint authority is still active.
Learn it properly inPrice vs market capReading a coin · 4 min readThis guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.