💰💰Newbies, look here~ I'll teach you how to check market capitalization~
I casually picked a project~ Everyone can take a look at the picture🩷
🐟Key point explanation:
1: “M” = Million
For example: ¥54.48M = 54,480,000 Chinese yuan.
“B” = Billion (for example, “1B MET” = 1,000,000,000 MET).
2: Circulating Supply (70M MET)
The current market's actual tradable token amount is 70 million, accounting for 7% of the total supply (1 billion).
3: Maximum Supply “--”
Indicates that the project has not set a hard cap limit (possible inflation model), and one should be wary of the risk of unlimited issuance.
4: Vol/Mkt Cap (12.24%)
A high trading volume/market cap ratio indicates good liquidity, but there may also be suspicions of wash trading.
Please note‼ This is self-reported data: the circulating supply is provided by the project party and needs to be verified with on-chain data (such as Etherscan) for consistency.
🚩Etherscan is the most commonly used blockchain explorer and data analysis platform on the Ethereum blockchain, equivalent to a “search engine” for the Ethereum network. It allows users to view, verify, and trace all transactions, smart contracts, tokens, and address activities on Ethereum🚩Just input the contract address to check
The website is here: https://etherscan.io