The crypto market cap is not a good measure of anything.
There’s a lot of buzz around the crypto space right now. We’re seeing a lot of people getting into cryptocurrency and this is great! But we’re also seeing a lot of newbies that don’t know what they are talking about.
For example, I recently posted an article on my social media accounts: “Why Stable Coins Are Important to the Crypto Industry.” Some people liked it, some people didn’t. One guy even said: “Why would anyone care about stable coins? They aren’t backed by anything!”
I thought to myself…This guy doesn’t have any idea what he is talking about. And then it occurred to me there are lots of people like that out there in the world…you know, people who don’t know what they are talking about when it comes to cryptocurrency.
So I decided I would write this blog post for those people and explain why the crypto market cap is not a good measure of anything.
What Is Market Cap?
Market cap is short for market capitalization, which is defined as: “The total value of all outstanding shares
The crypto market capitalizations are a way to rank the relative size of a cryptocurrency. They are calculated by multiplying the Price by the Circulating Supply.
The list of top cryptocurrencies by market capitalization is published on CoinMarketCap. This means that stable coins and other assets that don’t have a “price” are not listed on CoinMarketCap. The entire crypto asset class is therefore missing from the calculation of total global market cap.
This is a problem because stable coins are playing an increasingly important role in the crypto economy, and they represent a large amount of value that is not even included in global market cap calculations by most reputable sources. As an example, Tether, which is ranked
The crypto market capitalizations have been making news headlines around the world since the beginning of the year. They have been referred to as a bubble, a ponzi scheme, and even the new gold. While some people are positive about the future of these currencies, others are skeptical and believe they will disappear in time.
The crypto market capitalizations refer to the total value of all cryptocurrencies that have been created so far. The term was first coined by Adam Back in 2008 when he was working on a project called Hashcash. He was interested in how the internet could be used to create digital currency that would be more secure than paper money. As such, he decided to create a financial instrument that worked like a commodity but was not controlled by any single entity or government. The problem with this idea is that it is nearly impossible for one person to control supply and demand for a commodity, as there is no physical representation of it. That’s where cryptocurrencies come into play.
The most common form of cryptocurrency is Bitcoin, which has grown from being worth almost nothing at its inception to being worth over $10,000 today. However, there are many other types of cryptocurrencies that have grown in value since then as well. In fact, there are hundreds if not thousands
Last year, the crypto market capitalizations were a hot topic. Some experts predicted that the crypto market was going to shrink in 2018. But, it didn’t happen.
Instead, we’re seeing that the crypto market is actually growing. The daily trading volume of all cryptocurrencies has increased by 60% since 2017, and there are many people who have started to use cryptocurrencies as a payment method.
Why is this happening? Well, there are two reasons why the crypto market is growing. First of all, it is because people are realizing how useful cryptocurrencies are. Secondly, there are more people who want to trade cryptocurrencies because they think that they can make a lot of money by doing so.
But what does this mean for you? If you want to invest in cryptocurrencies, then you need to know how much each cryptocurrency is worth. And if you want to make money with cryptocurrencies, then you also need to know how much each cryptocurrency is worth!
The first thing that you need to do before investing in any cryptocurrency is figure out what its market cap is. The market cap (or “market capitalization”) of a cryptocurrency is simply the total amount of money that has been invested into it over time. It’s not just about how much money has
This is a first in a series of blog posts covering the subject of stable coins. The focus will be on their use cases, the players currently in the market, and the roles they can play in the future. This post will lay out the basics to bring everyone up to speed with stable coins and introduce some areas for thought.
Cryptocurrencies are great, but when it comes down to it, we all want dollars. We want dollars because they are liquid and everybody accepts them as a medium of exchange. Cryptocurrencies need to be liquid and accepted in order to gain traction as a currency.
This is where stable coins come into play. Stable coins are uniquely positioned to bring liquidity to crypto exchanges, but they also have many other use cases that will be covered later in this series. Stable coins bring a number of innovations that can add value to users of cryptocurrencies and make their lives easier. Some of these innovations include fast transactions times (1-2 seconds), an increased supply of fiat currency for lending, and an asset denominated in fiat currencies that has good security properties and is easy to transfer digitally.
This post will cover what stable coins are, how they are different from traditional cryptocurrencies like bitcoin or ether, why they’re important for the
Hodler and investor. These two terms are used often in the crypto space, but what does it mean? In this article, we’ll give you a simple explanation of these terms and why they are so important.
What is a hodler?
A hodler is an investor that buys cryptocurrencies and doesn’t sell them unless the price goes up substantially. Because of their focus on long-term profit, they are considered to be risk takers. Most of them do not trade frequently and prefer to hold their investments for extended periods of time.
What is an investor?
An investor is someone who believes that an asset will generate value over a given period of time. They invest in assets with the intention to generate returns, which can be in the form of capital gains or income from dividends.
How does this relate to stablecoins?
Stablecoins are cryptocurrencies that are pegged to real-world assets such as gold or fiat currencies like the dollar or euro. They are designed to maintain their price stability by reducing their volatility and providing a more reliable source of value than other crypto assets.
Why should I care about these coins?
Stablecoins provide an easy way for investors to invest in cryptocurrencies while still maintaining some degree
In the cryptocurrency world, liquidity has been a major issue. Limited access to fiat currencies and higher exchange fees make it difficult for traders to trade cryptocurrencies in real time. For example, let’s say you want to trade Bitcoin for Ethereum using fiat currency. To do so, you would need to go through a centralized exchange, which means waiting days for the transaction to complete.
To solve this issue of liquidity, stable coins were introduced to the market. Stable coins are cryptocurrencies pegged to the value of another asset, such as a fiat currency or commodity like gold or silver. This makes stable coins less volatile than other cryptocurrencies such as Bitcoin and Ethereum. The most popular stable coin is Tether (USDT), followed by TrueUSD (TUSD), Gemini Dollar (GUSD) and Paxos Standard Token (PAX).