Crypto Basics | Market Capitalization and Trading Volume
Definition: The turnover rate is generally measured by dividing 24-hour trading volume by market capitalization. It indicates how frequently holdings change hands.
Why it matters: High trading volume usually means a deeper order book, so larger orders have less slippage. However, be aware that some trading venues may inflate their reported volume.
Practical tip: Judging whether a coin is “cheap” based only on its unit price is not very meaningful; consider its circulating supply and market capitalization as well.
$BTC 83011.72（+0.25%）
Definition: The turnover rate is generally measured by dividing 24-hour trading volume by market capitalization. It indicates how frequently holdings change hands.
Why it matters: High trading volume usually means a deeper order book, so larger orders have less slippage. However, be aware that some trading venues may inflate their reported volume.
Practical tip: Judging whether a coin is “cheap” based only on its unit price is not very meaningful; consider its circulating supply and market capitalization as well.
$BTC 83011.72（+0.25%）