If You Have 2 Minutes, This Might Help You Understand Crypto Better
(Especially if you're just starting)☺️
Here’s today’s Top Crypto Rankings by Market Cap – just glance through it:
1. #Bitcoin (BTC) – $102,982.64
Change: -0.56% | Market Cap: $2.05 Trillion
2. #Ethereum (ETH) – $2,483.68
Change: -4.50% | Market Cap: $299.85 Billion
3.#Tether (USDT) – $1.00
Change: 0.00% | Market Cap: $151.21 Billion
4. #XRP – $2.35
Change: -2.77% | Market Cap: $137.76 Billion
5.#BNB – $641.09
Change: -1.83% | Market Cap: $90.32 Billion
...and more (scroll for full list)
Now… What Is “Market Cap”?👋
I know many skip this part, but if you’ve ever wondered which coin is “bigger” or “more trusted” – this is for you:
Market Cap = Price of 1 Coin × Number of Coins in Circulation
That’s it. No rocket science.
Why Should You Care?🙁
Because😑 coins with higher market cap🤴 mean they’re more stable, trusted, and used.
Think of it like this:💢
Would you rather invest in a company worth $2 trillion or $2 million?
Same logic here.
So, next time before you buy any coin, check the market cap – not just the price.
If you found this helpful, save it or share it with someone who's still confused about crypto basics.🫠 and follow me🙃