What Is Market Cap In Crypto??
In this video I explain what market cap is. I also put market cap in perspective to show you just how much money is floating in Bitcoin as well as the cryptocurrency market as a whole. I also teach you how to determine how much money is needed for your favorite coin to reach a certain price.
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Its going down down down :(
The whole crypto market is still under the companies like Apple, Amazon ect. We are still at the beginning of crypto
Yep. There are plenty more crypto millionaires in the making!
Have in mind that most cryptocurrencies are mining more coins everyday so the circulating supply increases which also increases the market cap. That is why the price action is so important as the more coins in supply, the harder it is too move the price as it is dependent on the demand for it at any given point in time. This is partially why it has been tough for the market to continue higher as it takes higher adoption and usage to increase demand for the supply available.
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Awsome video
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This post has received a 10.36 % upvote from @boomerang.
when moon?
Hey!
I like your post, I will follow you!
Today's date 14/03/2018:
For all readers, useful information about the day opening price:
Bitcoin: 9206$
Ethereum: 690$
Ripple: 0,79$
Bitcoin Cash: 1071$
Litecoin: 176$
Cardano: 0,22$
NEO: 83$
Stellar: 0,28$
NEM: 0,47$
EOS: 5,9$
Have a good day everyone!