Study Notes | Market Cap and Trading Volume
① Circulating market cap is generally calculated by multiplying the latest price by the circulating supply. It’s one of the most commonly used metrics for comparing the size of different coins.
② Market cap rankings are generally ordered by circulating market cap. Rankings change constantly as prices fluctuate, and a high ranking doesn’t necessarily mean a coin is safer.
③ Judging whether a coin is “cheap” based only on its price is meaningless; you need to consider its circulating supply and market cap as well.
$BTC 81590.53(-0.93%)
① Circulating market cap is generally calculated by multiplying the latest price by the circulating supply. It’s one of the most commonly used metrics for comparing the size of different coins.
② Market cap rankings are generally ordered by circulating market cap. Rankings change constantly as prices fluctuate, and a high ranking doesn’t necessarily mean a coin is safer.
③ Judging whether a coin is “cheap” based only on its price is meaningless; you need to consider its circulating supply and market cap as well.
$BTC 81590.53(-0.93%)