MultiversX Tracker is Live!

Market cap to volume ratio and understanding question

All Cryptocurrencies

by COINS NEWS 86 Views

If the coin market cap and volume is almost 1:1 is that a sign that the coin is undervalued?

Just wondering if what I written above is correct, cause ! found a coin the market cap is 145Mill and the current trading volume is 125Mill was wondering is this a good sign?

What are some of the signs that determine that a coin is undervalued? And does market cap really matter when it comes to crypto?

If anyone can help me out to understand this better I would much appreciate it thanks again for the comments!!

submitted by /u/_Robbinbanks
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments