Market cap and trading volume explained in three sentences:
Market cap is usually the current price multiplied by the circulating supply, making it the most commonly used figure for measuring a coin’s size.
The prices of low-market-cap coins are more easily affected by a single large order, so their price movements are often more dramatic; market cap does not indicate whether a project is good or bad.
When looking at trading volume, first check how it’s measured—don’t compare 24-hour trading volume with the volume of a single candlestick.
$BTC 77908(+1.6%)
Market cap is usually the current price multiplied by the circulating supply, making it the most commonly used figure for measuring a coin’s size.
The prices of low-market-cap coins are more easily affected by a single large order, so their price movements are often more dramatic; market cap does not indicate whether a project is good or bad.
When looking at trading volume, first check how it’s measured—don’t compare 24-hour trading volume with the volume of a single candlestick.
$BTC 77908(+1.6%)