What is the circulating supply of Woo?

Can you explain to me, in a straightforward manner, what the circulating supply of Woo represents? Is it the total number of Woo tokens that are currently in circulation and available for trading or use on various platforms? Is there a specific formula or methodology used to calculate this figure, and if so, how is it determined? Understanding the circulating supply of Woo is crucial for investors and traders alike, as it can provide valuable insights into the token's market capitalization, potential for appreciation, and overall liquidity. Can you elaborate on these points and help me grasp the significance of this metric?