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RE: The Market Cap of Crypto is a Lie | ZClassic

in #bitcoin8 years ago

I actually find the daily trading volume as more important indicator than marketcap, as the volume shows which coins are "hot" and being used vice being stored offline/cold. Marketcap only shows the store of value part of the equation for a currency, where volume shows or signals some of the medium of exchange and unit of account aspects. In this respect USDT is number one :) as it regularly has volume that equals is market cap.

Coin Marketplace

STEEM 0.06
TRX 0.31
JST 0.058
BTC 65938.92
ETH 1985.81
USDT 1.00
SBD 0.50