<blockquote>
  <p>Shouldn't Market Cap increase when price increases?</p>
</blockquote>

<p>It depends. MarketCap = circulating supply x unit price</p>

<p>Giving : MC=10, CS=10, UP=1</p>

<p>Example of an increase in MC : MC=20, CS=10, UP=2</p>

<p>Example of steady MC : MC=10, CS=20, UP=0.5</p>

<p>Example of a decrease in MC : MC=5, CS=10, UP=0.5</p>

<blockquote>
  <p>Can circulating supply decrease?</p>
</blockquote>

<p>Yes circulating supply decrease, especially in centralized coins(controlled by individuals or corporations)</p>

<p>Example : Ripple decided to lock a huge number for XRP in mid 2017 which lead to unit price increase</p>

CC BY-SA 3.0
2018-01-15T17:04:05.880Z
2018-01-15T17:04:05.880Z
youssef
<p>Looking at the historical data of <a href="https://coinmarketcap.com/currencies/loopring/historical-data/" rel="nofollow noreferrer">Loopring</a>, I noticed something strange. </p>

<p>On Jan 4, Market cap was $163,805,000 and closed price was $0.65. That means, circulating supply was around 252M.</p>

<p>On Jan 5, closed price increased to $1.03 BUT market cap decreased to $41,138,000. And this means, circulating supply went down to around 39M.</p>

<p>Shouldn't Market Cap increase when price increases?</p>

<p>Can circulating supply decrease? or is there something that I am missing? </p>

CC BY-SA 3.0
2018-01-15T14:39:06.207Z
BYW, I noticed similar change in other coins as well
SpiralDev
CC BY-SA 3.0
2018-01-15T16:22:29.067Z
Is just CMC using the wrong data/fucked up somewhere/ forgot a zero. Example the real [Circulating Supply](https://docs.loopring.org/English/token/) is 734,089,390 but CMC shows 561,167,415.  If you want to know the "real" market cap. Multiply the current price with the correct Circulating Supply.
Chak
<altcoin><historical-trade-data><volume>
Can Circulating supply decrease?
SpiralDev
# Can Circulating supply decrease?

(Asked by: username_0 on 2018-01-15)

Looking at the historical data of [Loopring](https://coinmarketcap.com/currencies/loopring/historical-data/), I noticed something strange.

On Jan 4, Market cap was $163,805,000 and closed price was $0.65. That means, circulating supply was around 252M.

On Jan 5, closed price increased to $1.03 BUT market cap decreased to $41,138,000. And this means, circulating supply went down to around 39M.

Shouldn't Market Cap increase when price increases?

Can circulating supply decrease? or is there something that I am missing?

**Tags:** altcoin, historical-trade-data, volume

> **Comments:**
> **username_0**: BYW, I noticed similar change in other coins as well  
> **username_1**: Is just CMC using the wrong data/fucked up somewhere/ forgot a zero. Example the real [Circulating Supply](https://docs.loopring.org/English/token/) is 734,089,390 but CMC shows 561,167,415.  If you want to know the "real" market cap. Multiply the current price with the correct Circulating Supply.  

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## 1 answers

### Answer by username_2 on 2018-01-15. Score: -1

> Shouldn't Market Cap increase when price increases?

It depends. MarketCap = circulating supply x unit price

Giving : MC=10, CS=10, UP=1

Example of an increase in MC : MC=20, CS=10, UP=2

Example of steady MC : MC=10, CS=20, UP=0.5

Example of a decrease in MC : MC=5, CS=10, UP=0.5

> Can circulating supply decrease?

Yes circulating supply decrease, especially in centralized coins(controlled by individuals or corporations)

Example : Ripple decided to lock a huge number for XRP in mid 2017 which lead to unit price increase


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