How is a coin’s market cap calculated?
The turnover rate is generally measured by dividing the 24-hour trading volume by the market cap. It reflects how frequently holdings change hands.
Different data websites may use different methods to calculate circulating supply, so the market cap of the same coin may vary from one website to another.
When managing funds, the key thing to remember is to check how the data is calculated when comparing trading volumes. Don’t compare 24-hour trading volume with the volume of a single candlestick.
$BTC 81568.01 (-0.87%)
#BTC
The turnover rate is generally measured by dividing the 24-hour trading volume by the market cap. It reflects how frequently holdings change hands.
Different data websites may use different methods to calculate circulating supply, so the market cap of the same coin may vary from one website to another.
When managing funds, the key thing to remember is to check how the data is calculated when comparing trading volumes. Don’t compare 24-hour trading volume with the volume of a single candlestick.
$BTC 81568.01 (-0.87%)
#BTC