Is a coin that costs just a few cents necessarily cheap?
To judge whether a coin is expensive, look at its total market cap or FDV—that is, the unit price multiplied by the supply—not just the price of a single coin.
These contracts have a 1000 prefix because the price per token is so low, and there are so many decimal places, that quoting prices and placing orders would otherwise be inconvenient.
The most important thing to keep in mind when managing your position: when comparing two Meme coins, consider the total supply and unit price together. Looking only at the unit price can easily lead to misleading conclusions.
$PEPE 0.0₅391(-7.35%)
#PEPE
To judge whether a coin is expensive, look at its total market cap or FDV—that is, the unit price multiplied by the supply—not just the price of a single coin.
These contracts have a 1000 prefix because the price per token is so low, and there are so many decimal places, that quoting prices and placing orders would otherwise be inconvenient.
The most important thing to keep in mind when managing your position: when comparing two Meme coins, consider the total supply and unit price together. Looking only at the unit price can easily lead to misleading conclusions.
$PEPE 0.0₅391(-7.35%)
#PEPE