home / videos / price-means-nothing
PRICE MEANS NOTHING! 👀
Published
Description
Summary
Written from the stream's auto-generated captions.
- Smart investors look at market cap first, not token price.
- That's why 1 cent coin can actually be worth billions of dollars while a thousand dollar coin might be worth far less.
- Common mistake new crypto investors make is misunderstanding market cap, right?
- Market cap is simply the price of a token multiplied by its circulating supply.
- A lot of people see a coin trading at 1 cent and they think, "Oh, it's cheap." Or they see Bitcoin over 100,000 and they think that's expensive.
Show transcript (1 sections, auto-generated captions, expect typos)
All right, common mistake new crypto investors make is misunderstanding market cap, right? A lot of people see a coin trading at 1 cent and they think, "Oh, it's cheap." Or they see Bitcoin over 100,000 and they think that's expensive. But price alone tells you almost nothing. What matters is market capitalization. Market cap is simply the price of a token multiplied by its circulating supply. And that's why 1 cent coin can actually be worth billions of dollars while a thousand dollar coin might be worth far less. Smart investors look at market cap first, not token price. Low price doesn't mean a crypto project is cheap at all. You want to know your tokenomics. I've done multiple videos on it, but you really want to raise your crypto IQ.
Glossary terms
→ Related videos
all videos →
Raise your Crypto IQ, one stream at a time.
New breakdowns and live Token Autopsy streams on YouTube. Free, unlike most lessons in crypto.