Myth vs fact: "This coin is only $0.001, so it's cheap and has way more room to run than BTC" đ§
â Myth: low price per coin = cheap coin.
â Fact: price per coin tells you nothing on its own. What matters is market cap = price x circulating supply.
A token at $0.001 with 500 trillion coins in circulation is already a $500 billion project. For it to 10x, $4.5 trillion of new value has to show up.
Before you call anything "cheap", check market cap, circulating supply and the unlock schedule. New supply hitting the market dilutes every holder.
Which "cheap coin" taught you this the hard way? đ
#crypto #CryptoEducation #altcoins #Binance
â Myth: low price per coin = cheap coin.
â Fact: price per coin tells you nothing on its own. What matters is market cap = price x circulating supply.
A token at $0.001 with 500 trillion coins in circulation is already a $500 billion project. For it to 10x, $4.5 trillion of new value has to show up.
Before you call anything "cheap", check market cap, circulating supply and the unlock schedule. New supply hitting the market dilutes every holder.
Which "cheap coin" taught you this the hard way? đ
#crypto #CryptoEducation #altcoins #Binance