how are you all Hope everyone is doing well, Today I will talk about an important topic, one thing that we all are curious to know is how the marketcap of a coin is determined, many times we think if Shiba inu hits $0.01 then how much the marketcap of this coin will go. To know these things, we search Google. But today we will know how to calculate the market cap through the calculator. If you want to know about marketcap, first of all you need to know about coin supply, circulating supply, Max supply, total supply, If you know the working of these things then you can easily figure it out. First of all, Max Supply is the maximum supply, such as Bitcoin's Max Supply is 21 Million, more than 1 coin cannot increase, and circulating supply means the total and how many bitcoins are currently in the market, that is circulating supply, such as Bitcoin's circulating supply is 19,682,675 BTC, means Currently there are 19,682,675 BTC in the market Now if you calculate the circulating supply with the current price of Bitcoin then the current market cap of Bitcoin comes out as ie. Bitcoin is currently priced at $63,778.45 Coin price×circulating supply=marketcap $63,778.45×19,682,675 = $1.2Trillion+
Screenshot by mobile phone
By looking at the screenshot above, you may have understood that this is exactly how market cap can be calculated.
In the future, more Bitcoin Circulating Supply will increase and market cap will go forward.
Now we often say that Shiba Coin will go to $0.01 and many times we say this about different coins. Now before thinking about this, of course about the marketcap, currently Shiba Coin has a circulating supply of 589,289,410,812,691, we all know that Shiba Inu has a huge current circulating supply. 589,289,410,812,691×0.01=$5.89Trillion+
Where the entire Crypto currency MarketCap is $2.31Trillion.
I hope everyone has understood the issues, everyone stay well and stay healthy
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