What Is Market Cap? - Crypto Newbies Watch This

in #steem • 7 years ago

People want to know so here it is what is market cap. Market cap for short is the market capitalization. Basically it's the circulating supply multiplied by the current price. market cap determines the overall value of the coin your in. Watch this short video for a full overview.

The higher the valuation sometimes means good health in the market.

Thank You.

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#steemit #cryptocurrency #bitcoin #money
7 years ago in #steem by
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     7 years ago (edited)

    In every project, market cap really matters alot, it tells the progress of a project, it gives what next step to take...... ✌
    A good project should focus on getting a big market cap....
    If you support this, follow @abdulqadir01

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