Beginners guide: market cap - coin perspective Hi all I've heard a lot of times from my friends who are actively investing/trading in crypto lately about totally unrealistic price expectations of some cryptos that I thought it would be useful to share some information about market caps. In general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. For this reason, market cap is often regarded as the single most important indicator for ranking cryptocurrencies. Crypto market capitalization is the total value of a cryptocurrency. Where stock market capitalization is calculated by multiplying share price times shares outstanding, crypto market capitalization is calculated by multiplying the price of the cryptocurrency with the number of coins in circulation. If this is all too confusing, I highly recommend you to check out the website The Coin Perspective dot com. You can enter your crypto currency that you are considering to invest and compare it to other cryptos. Let's say you want to understand how two trading platform cryptos compare to each other, for example crypto.com and Binance. You can simply select both cryptos and you will get following result: If Crypto.com Coin had Binance Coin's market cap of $100.7B, 1 CRO would be worth $3.99, an upside of 436%. It was bad enough when everyone was thinking SHIB would get to $0.01 and now it’s turned to CRO getting to $500. Also, www.marketcapof.com is a great resource to use and understand market caps of a coin you’re invested/going to invest in. Hope that helps to get a bit more realistic about your crypto trading.
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