🔥 Crypto basics: market cap and trading volume
Market cap is simply the price multiplied by the circulating supply. It doesn’t represent the actual amount of money flowing in. When trading is quiet, even a small amount of money can drive the market cap up significantly.
Judging whether a coin is “cheap” based only on its unit price is meaningless—you need to consider its circulating supply and market cap too.
Back to the charts: $BTC current price 77908.86 (24h -0.062%).
Have you ever learned this the hard way? Share your experience and help others avoid the same pitfalls.
Market cap is simply the price multiplied by the circulating supply. It doesn’t represent the actual amount of money flowing in. When trading is quiet, even a small amount of money can drive the market cap up significantly.
Judging whether a coin is “cheap” based only on its unit price is meaningless—you need to consider its circulating supply and market cap too.
Back to the charts: $BTC current price 77908.86 (24h -0.062%).
Have you ever learned this the hard way? Share your experience and help others avoid the same pitfalls.