Someone asked: How is a coin’s market cap calculated?
My answer: Market cap rankings are usually based on circulating market cap. Rankings also change constantly with prices, and being near the top doesn’t mean lower risk. High trading volume usually indicates a deeper order book, so large orders may have less slippage; however, be aware that some exchanges may inflate trading volume.
$BTC 80221.32（-0.53%）
Have you run into similar pitfalls? Share your stories to help warn others.
#BTC
My answer: Market cap rankings are usually based on circulating market cap. Rankings also change constantly with prices, and being near the top doesn’t mean lower risk. High trading volume usually indicates a deeper order book, so large orders may have less slippage; however, be aware that some exchanges may inflate trading volume.
$BTC 80221.32（-0.53%）
Have you run into similar pitfalls? Share your stories to help warn others.
#BTC