📈 What is Market Cap? Why is it important? 💡

In the world of cryptocurrency, "Market Cap" refers to the total market value of a coin.

👉 Market Cap = Current price of the coin × Total circulating supply of the coin

🎯 Example: If the price of a coin is $2 and there are 100 million coins in circulation, then its market cap would be:

> 2 × 100,000,000 = $200,000,000 (or 200 million dollars)

🔍 Why is Market Cap important?

✅ Helps understand the strength of a coin:

The market cap indicates whether a coin is large, medium, or small in the market.

✅ Measures investment risk:

A large market cap means lower risk, while a small market cap means higher profit or higher risk.

✅ Popularity and stability in the market:

Coins with large market caps, like #BTC , #ETH , #BNB , are much more stable. #Deepbau

💬 If you trade on Binance, it's very important to choose coins based on market cap.

What is the market cap of your favorite coin? Let us know in the comments below.