{"id":37214,"date":"2026-05-29T09:49:02","date_gmt":"2026-05-29T09:49:02","guid":{"rendered":"https:\/\/volity.io\/sin-categorizar\/what-is-circulating-supply\/"},"modified":"2026-05-29T09:51:18","modified_gmt":"2026-05-29T09:51:18","slug":"what-is-circulating-supply","status":"publish","type":"post","link":"https:\/\/volity.io\/es\/glosario\/what-is-circulating-supply\/","title":{"rendered":"Qu\u00e9 es la oferta circulante"},"content":{"rendered":"<h2>C\u00f3mo funciona<\/h2>\n<p>Cada proyecto sigue la oferta circulante sumando saldos de wallet no sujetos a bloqueo, vesting o burn. El n\u00famero cambia conforme se minan o desbloquean nuevos tokens, y cuando las tesorer\u00edas de proyecto mueven tokens on-chain o off-chain. Coingecko y CoinMarketCap publican cifras de oferta circulante conciliadas que la mayor\u00eda de exchanges siguen.<\/p>\n<h2>Ejemplo<\/h2>\n<p>Bitcoin tiene unos 19,8 millones de monedas en oferta circulante de un m\u00e1ximo de 21 millones. Los 1,2 millones restantes se minar\u00e1n durante los pr\u00f3ximos 116 a\u00f1os seg\u00fan el calendario de halving. Un proyecto nuevo podr\u00eda lanzar con 200 millones de tokens en circulaci\u00f3n y 800 millones bloqueados para equipo, inversores y grants de ecosistema con vestings de varios a\u00f1os. Cada evento de desbloqueo a\u00f1ade presi\u00f3n vendedora cuando esos tokens entran en circulaci\u00f3n.<\/p>\n<h2>Por qu\u00e9 importa<\/h2>\n<p>La oferta circulante es el denominador de la market cap y la variable que cambian los desbloqueos futuros. Un proyecto a 1,00 $ con 100 millones de tokens en circulaci\u00f3n tiene 100 millones $ de market cap. Si se desbloquean 50 millones m\u00e1s el pr\u00f3ximo mes, todo lo dem\u00e1s constante, el precio enfrenta una diluci\u00f3n del 33 por ciento. Lee el calendario de vesting antes de dimensionar cualquier posici\u00f3n; es el riesgo m\u00e1s pasado por alto en tokens en etapa temprana.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>C\u00f3mo funciona Cada proyecto sigue la oferta circulante sumando saldos de wallet no sujetos a bloqueo, vesting o burn. El n\u00famero cambia [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":37362,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"custom_schema":"","footnotes":""},"categories":[260],"tags":[],"class_list":["post-37214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-glosario"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Qu\u00e9 es la oferta circulante<\/title>\n<meta name=\"description\" content=\"La oferta circulante son los tokens negociables ahora. Bloqueados y no minados excluidos. 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