Daniele
Sun Jun 16 2024
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5 answers
1223
What is the purpose of a market cap coin?
Could you please explain the significance of a market capitalization in the context of cryptocurrencies? What exactly does it signify and how does it serve as a measure in the crypto market? Is it primarily used for comparing the sizes of different cryptocurrencies or does it serve any other functional purposes? Additionally, how does a market cap reflect the overall health and potential of a coin? Could you elaborate on these points, keeping the explanation concise and to the point?
