In general, market cap refers to market capitalization, which is the total value of a specific cryptocurrency in circulation, but wait…there’s more you need to know about market cap. Besides being a crypto valuation tool, market cap offers much more value than you think!
In this video, let’s dive into everything you need to know about market cap and how you can minimize your risk of investing by understanding the idea behind it and why it’s important in cryptocurrency.
Links:
CoinGecko: https://www.coingecko.com/
GeckoTerminal: https://www.geckoterminal.com/
Timestamps:
00:00 Intro
00:58 Tool for crypto valuation
01:38 Determine potential growth
02:18 Indicating risk and reward
02:54 Outro
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