Interestingly, I have a lot of useful information in my profile too!
mythoughts
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What Is Market Cap and Why It Matters More Than Price
You see a coin trading at $0.02 and think, “If it just hits $1, I’ll be rich!” That’s the most common beginner mistake. Because price alone doesn’t mean much. What really matters? Market Cap. Market Cap = Price × Total Supply If a token is priced at $1 with 100 million tokens, its market cap is $100 million. Now, if another token is just $0.001 but has 1 trillion tokens, that’s already a $1 billion market cap — 10× bigger. So no, it’s not “cheap” just because it’s under a dollar. Why You Can’t Just Dream About $1 You might think, “This coin could hit $1 too.” But here’s the issue: to go from $0.01 to $1, the token might need billions in new money — sometimes more than Bitcoin’s entire cap. Unrealistic? Often, yes. How I Use Market Cap in Real Life 1. To compare apples to apples. A $500 coin might actually have a smaller market cap than a $0.01 token. 2. To stay grounded. I no longer fall for the “cheap coin” illusion — I ask how much capital needs to flow in. 3. To find actual opportunities. A small cap, solid project has more room to grow than a hyped giant.
Bonus Tip: Watch the Circulating Supply Some projects only have a portion of their tokens released. When more unlocks, prices often dip. Always look beyond the surface. Read the tokenomics. Follow @mythoughts — no hype, just thoughts. #TrumpTariffs #myThoughtsOnCrypto
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.