Most people think market cap and trading volume are straightforward, but this is what really matters:
24-hour trading volume is the total value of trades made over the past 24 hours, reflecting how active buying and selling have been during that period.
Market cap is simply the price multiplied by the circulating supply. It doesn’t equal the amount of money actually flowing in. When trading is sluggish, a small amount of money can cause a large change in market cap.
Judging whether a coin is “cheap” based only on its unit price is meaningless—you need to consider its circulating supply and market cap together.
One more thing: $BTC is at 74188 (24h -2.25%).
#BTC
24-hour trading volume is the total value of trades made over the past 24 hours, reflecting how active buying and selling have been during that period.
Market cap is simply the price multiplied by the circulating supply. It doesn’t equal the amount of money actually flowing in. When trading is sluggish, a small amount of money can cause a large change in market cap.
Judging whether a coin is “cheap” based only on its unit price is meaningless—you need to consider its circulating supply and market cap together.
One more thing: $BTC is at 74188 (24h -2.25%).
#BTC
