Circulating supply
Use it for market cap
Market capitalization is typically calculated as token price multiplied by circulating supply. Check how the data source defines what is circulating.
Crypto · Scenario math
Token price at
market cap.
Choose a hypothetical market cap and supply basis to calculate the implied token price—not a prediction of where it will trade.
01 / Scenario inputs
Choose the assumptions
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For a circulating market-cap scenario, use circulating tokens. Total or maximum supply gives a fully diluted-style scenario instead.
Hypothetical arithmetic only. Market cap does not equal cash invested or available liquidity. Meme tokens can be highly speculative and volatile; the SEC staff statement applies only to the fact patterns it describes.
02 / Scenario readout
Implied token price
Price at entered market cap—
Market-cap scenario—
Supply entered—
Supply basis—
Enter a hypothetical market cap and supply to see the implied price.
Formula and assumptions
Implied token price = hypothetical market cap ÷ selected supply. Market cap conventionally uses circulating supply. Using total or maximum supply instead creates an FDV-style scenario. The result assumes the selected price can be applied uniformly to all tokens; it does not model liquidity, order-book depth, token unlocks, or market impact.
Scenario math, not a target
Supply changes the answer
The same market-cap input can imply very different per-token prices depending on which supply figure you use.
Total or maximum supply
That is an FDV-style scenario
Using all or maximum supply answers a different question from circulating market cap. It still assumes the same price across supply and says nothing about when tokens may enter circulation.
See Market cap vs. FDV, explained and calculate market cap from a token price. The SEC staff describes certain meme coins as speculative and potentially volatile ↗; its statement is limited to the types and facts it discusses.
Common questions
Keep the scenario in context
FadeIt does not fetch token prices, verify supply, or estimate future market caps.
Is this a price prediction?
No. You choose the hypothetical market cap and supply. The output is the price that would satisfy that equation, not a forecast or suggested target.
Which supply should I use?
Use circulating supply when you mean market cap. If you choose total or maximum supply, treat the result as an FDV-style scenario and check the source’s supply definitions.
Does the market cap represent money invested?
No. It multiplies one price by a supply count; it does not show how much money entered the token or how much could be sold at that price.
Does this account for liquidity?
No. It does not model buyers, pool depth, slippage, holder concentration, unlocks, or whether the token could trade at the implied price.