How is a coin’s market cap calculated? Don’t worry—the class rep is here to explain:
Market cap is usually the current price multiplied by the circulating supply. It’s the most commonly used indicator of a coin’s overall size.
Market cap is just a figure derived by multiplying the price by the circulating supply. It doesn’t mean that much actual money has been invested. If trading is quiet, even a relatively small amount of money can significantly push up the market cap.
When I first got into crypto, I thought understanding candlestick charts was enough. Later, I realized that learning the rules is the real introductory lesson.
$BTC 77796(+1.82%)
Market cap is usually the current price multiplied by the circulating supply. It’s the most commonly used indicator of a coin’s overall size.
Market cap is just a figure derived by multiplying the price by the circulating supply. It doesn’t mean that much actual money has been invested. If trading is quiet, even a relatively small amount of money can significantly push up the market cap.
When I first got into crypto, I thought understanding candlestick charts was enough. Later, I realized that learning the rules is the real introductory lesson.
$BTC 77796(+1.82%)
