can someone please explain why we have very small circulating supply vs big max supply. what does this mean. Will more be released in to circulation. so I'm a new person to crypto..
Hi the reason for this is because Ellaism's block 0 had 0 coins premined. This means the chain started with 0 coins and the first block produced 5. Go check out
www.ellaism.com/comparison for a good chart showing why Ellaism is the best of all the ETH forked coins, having 0 premine or dev fees means miners collect 100% of block rewards and it becomes a community project.
ETH started with a HUGE premine, thats why theyre on 95k circ coins.