Cryptocurrency Q&A What is 1M in crypto?

What is 1M in crypto?

Emanuele Emanuele Wed Nov 06 2024 | 7 answers 1534
I'm wondering about the meaning of '1M' in the context of cryptocurrency. Is it referring to a specific amount, like one million of a certain coin, or does it have a different interpretation in this domain? What is 1M in crypto?

7 answers

DigitalLord DigitalLord Fri Nov 08 2024
The concept of 1m, or 1 minute, in the realm of data collection signifies the aggregation of information over the span of one minute.

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KDramaLegendaryStarlightFestival KDramaLegendaryStarlightFestival Fri Nov 08 2024
This data is then represented as a solitary point on a chart or graph.

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WhisperWindLight WhisperWindLight Fri Nov 08 2024
In the field of cryptocurrency trading, the importance of such granular data cannot be overstated.

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CryptoMystic CryptoMystic Fri Nov 08 2024
Charts specifically designed to showcase 1-minute intervals are widely utilized by traders.

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KDramaLegendaryStar KDramaLegendaryStar Thu Nov 07 2024
These charts allow for a detailed analysis of price movements, providing traders with insights into how a digital asset's value fluctuates minute by minute.

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