Cryptocurrency's market cap calculation vs it's price
During my absence in the cryptocurrency space, I have spoken with a lot of new people that joined the cryptocurrency space. Everyone wants to get into a cheap coin, but it seems they are not looking in to the price vs the coin supply and what consequences that might have in terms of market cap if it will ever hit a particular price.
Therefore I have dedicated this episode of Cryptocurrency edutainment 101 to dedicate some time to this topic.
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Compare trading volume with price with market cap and you will realize your logic is simply wrong.
thank youuu!!! So obvious, but sometimes the overflow of information is confusing. Thank you for putting it in front of our eyes =)
Thank you for your informative video. Will you please post what the name of your calculator is? I'd like to download it. Thank you.
Hey Levi. Great to see you. Welcome back and thanks for that Video!
Thanks for coming back!
HE IS BACK!
Nice video.. Nice new intro
Hi Levi, thanks for this insight. It got me thinking though – wat does that market cap actually mean? I quote from https://blog.coinfund.io/cryptoeconomics-is-hard-market-cap-4833c378a3e0: "For stocks, the total supply, or number of shares outstanding, is grounded in a real meaning: it defines a distribution of a company ownership. For cryptocurrencies, the price dynamics, velocity, and the fact that illiquid supply does not interact with markets in any way mean that the market cap is not a good measure of value, if at all. For example, it would be pointless to compare the market cap of one currency with the market cap of another (without regard to all these other factors) and on that basis alone make conclusions about the relative value of their networks." What's your take on this?
Woow nice info !!!
thanks. that is a new info for me.
Thank you for the great information.
You forgot….So it's Easy to Digest 👍🏾 lol
Looking forward to more videos