Snike Posted December 9, 2017 #1 Posted December 9, 2017 I know this is probably dumb to ask and I should know what this is already but on coinmarketcap.com there are these specifications for a coin. Market cap, volume (24h), curculating supply, total supply. The supplies are obvious and I know what they mean, but what does the market cap mean and whats the volume? I'ld be glad if someone could explain these two specifications to me (as simple as possible )
Ymerej Posted December 9, 2017 #2 Posted December 9, 2017 yah Im waiting for answers too kinda confused about it too I wanna learn about it
Snike Posted December 9, 2017 Author #3 Posted December 9, 2017 54 minutes ago, Ymerej said: yah Im waiting for answers too kinda confused about it too I wanna learn about it Seems like we're not the only ones not getting the words... No one seems to know it
skywallkee Posted December 10, 2017 #4 Posted December 10, 2017 The market cap(italization) is a way of ranking the size of the cryptocurrencies and it is calculated by multiplying the price to the circulating supply. It is like how much all the existing coins are worth of. The Volume (24h) indicates the worth of the coins that have been traded in the last 24 hours. The Circulating Supply indicates all the coins circulating in the market for the public. The Total Supply indicates all the existing coins. The Max Supply indicates an approximation of how many coins can actually exist at a certain time. These are what they are. (shortly described) If you'd like a longer description or if you have any question, feel free to ask.
Snike Posted December 10, 2017 Author #5 Posted December 10, 2017 19 hours ago, skywallkee said: The market cap(italization) is a way of ranking the size of the cryptocurrencies and it is calculated by multiplying the price to the circulating supply. It is like how much all the existing coins are worth of. The Volume (24h) indicates the worth of the coins that have been traded in the last 24 hours. The Circulating Supply indicates all the coins circulating in the market for the public. The Total Supply indicates all the existing coins. The Max Supply indicates an approximation of how many coins can actually exist at a certain time. These are what they are. (shortly described) If you'd like a longer description or if you have any question, feel free to ask. Thanks for explaining this bud! Now it all makes a little more sense
KNOWN Posted December 10, 2017 #6 Posted December 10, 2017 Thanks for explaining, i never fully understood it either
barbaris Posted December 11, 2017 #7 Posted December 11, 2017 I understand correctly? The more market capitalization, the higher the price of a coin?
Snike Posted December 11, 2017 Author #8 Posted December 11, 2017 4 minutes ago, barbaris said: I understand correctly? The more market capitalization, the higher the price of a coin? I think so, or the higher the supply
barbaris Posted December 11, 2017 #9 Posted December 11, 2017 Well, in principle, it is understandable. But I would like more precisely. I'll try to use Google
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