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/biz/ - Business & Finance


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5096996 No.5096996 [Reply] [Original]

300 BILLION market cap

>> No.5097217

We are honored to be alive in the time this pattern bloomed

>> No.5097355

>>5096996
Now that we're at the topic of market cap... what exactly is it? As far as I understand, it's circulating supply * price. But how exactly does CMC know what is circulating? Like if I buy a shitcoin and hold it in my wallet, when does it stop being "circulating"?

Also, is there a way to approximate how many actual USD went into the market? Becuse the current price isn't necessarily the same amount every holder invested in their shitcoins.

>> No.5097446

>>5097355
you cant really check anything like this
the only quantifiable metric you have is volume and that doesnt say anything about HODLers for example