Today we are going to make a review of on coin market cap and also here you will know the the value of coin market cap, what is coin market cap?, and how to use coin market cap. It should be very helpful to you and also it should be very informative especially for the beginners.
Firstly we discuss here what is coin market cap?
At first you should have to open coinmarketcap.com from your browser. Then you will see the interface of homepage of coinmarket cap. When you are on the home page of coin market cap. Then at the top you can see a lot of options and here, I am going to explain one by one.
First you will see the market cap it means that the total investment in the market and you can see the investment in the market and you can see the investment amount infront of the market cap. Next you will see 24 hours volume option and it means that total amount invest in the last 24 hours.
Next you can see BTC Dominance and also you can see the option of percentage that means the percentage you are given is the investment on bitcoin in the total amount and also you can see the other investment in cryptocurrencies.
When you scroll down, then you can see the rankings and that rankings are made on the basis of the value of market cap and, I explain earlier that market cap is the total investment in the market. And in the ranking you can see that bitcoin is on the top ranking and all other cryptocurrencies are on the below rank and it all depends upon the value of market cap.
Now the important thing you should have to know is, how to know the history of coin? and, how you can get the latest upcoming news about the coin and that news is about that how much the value of coin increases or decreases in the market.
Now if you want to know the market value of coin you just have to simply click on the any coin cryptocurrency. Like when you click on the bitcoin then exact at the front of the bitcoin you can see the price, next you can see the market value of bitcoin in a other interface and also you can see that how much its value increases or decreases in the last 24 hours and in the last 7 days. You can see the up and down value of bitcoin and also you can see the up and down market value of other coins.
In this way coin market cap works. I can hopefully said that you understand about the coinmarketcap. You can get all the important information that you need for online trading. This is all the important information that I share about the coin market cap. If you want to start online trading then you should have to know all the knowledge of coinmarketcap.