Don't laugh at me—I only learned this after making a few mistakes myself.
Today's topic: market cap and trading volume.
Circulating market cap is usually calculated by multiplying the current price by the circulating supply. It's one of the most commonly used figures for measuring the size of different cryptocurrencies.
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 too.
Coin mentioned: $BTC is trading at 82781.44 (24h +0.019%).
Today's topic: market cap and trading volume.
Circulating market cap is usually calculated by multiplying the current price by the circulating supply. It's one of the most commonly used figures for measuring the size of different cryptocurrencies.
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 too.
Coin mentioned: $BTC is trading at 82781.44 (24h +0.019%).