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If you didnt know... Market cap doesnt mean people put that much money in a crypto!
For example, Notcoin cap was 1.25 billion at some time yesterday, it doesn't mean people used 1.2 billion $ of their money to buy it.
It is calculated by just taking the current price, and multiplying it by the total number of coins in circulation.
So for example, if total crypto market cap is 3 billion, it doesn't mean people used 3 billion $ to buy the crypto. It could be more! or less. It is just a simple valuation.
Here are ways to find out how much money was put in a crypto:
1. Trading Volume
The trading v
For example, Notcoin cap was 1.25 billion at some time yesterday, it doesn't mean people used 1.2 billion $ of their money to buy it.
It is calculated by just taking the current price, and multiplying it by the total number of coins in circulation.
So for example, if total crypto market cap is 3 billion, it doesn't mean people used 3 billion $ to buy the crypto. It could be more! or less. It is just a simple valuation.
Here are ways to find out how much money was put in a crypto:
1. Trading Volume
The trading v
NOT1,03%
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GateUser-e8254827:
Coins that multiply, not good for the future:
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Bujank:
sell the news [龇牙]:View More
Join the Gate Learn Quiz Challenge with me, complete the daily quizzes, and share a prize pool of 10000U! https://www.gate.io/activities/quiz-challenge-learn?invite_uid=13696050&nk_name=exnzer&ch=LearnQuiz_20240418
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