Someone asked: How is a coin’s market cap calculated?
I usually answer like this: The turnover rate is generally measured by dividing 24-hour trading volume by market cap, and reflects how quickly holdings change hands. High trading volume usually indicates better liquidity and less slippage on larger orders; however, keep in mind that some platforms may inflate their volume.
$BTC 79931.31（-1.3%）
If you learned something, leave a comment. If you still have questions, ask away in the comments.
I usually answer like this: The turnover rate is generally measured by dividing 24-hour trading volume by market cap, and reflects how quickly holdings change hands. High trading volume usually indicates better liquidity and less slippage on larger orders; however, keep in mind that some platforms may inflate their volume.
$BTC 79931.31（-1.3%）
If you learned something, leave a comment. If you still have questions, ask away in the comments.
