The market cap is huge. Does that mean that much money has been invested?
My understanding: High trading volume usually means better liquidity, so large orders have less slippage. However, keep in mind that some platforms may inflate their trading volume.
24-hour trading volume is the total value of trades over the past 24 hours, reflecting how active buying and selling have been during that period.
My rule of thumb: Judging whether a coin is “cheap” based only on its unit price isn’t very meaningful; you need to consider its circulating supply and market cap as well.
Back to the market: $BTC is trading at 83357.55 (24h +0.76%).
#BTC
My understanding: High trading volume usually means better liquidity, so large orders have less slippage. However, keep in mind that some platforms may inflate their trading volume.
24-hour trading volume is the total value of trades over the past 24 hours, reflecting how active buying and selling have been during that period.
My rule of thumb: Judging whether a coin is “cheap” based only on its unit price isn’t very meaningful; you need to consider its circulating supply and market cap as well.
Back to the market: $BTC is trading at 83357.55 (24h +0.76%).
#BTC