Glossary
Total supply
Also written or said as: max supply, total tokens
Every token of a coin that exists, whether it is trading or not.
Most pump.fun coins have a total supply of 1 billion tokens. Market cap is price times supply, so the same price can mean very different market caps for coins with different supplies. Burns lower the total supply, and an active mint authority can raise it.
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.