There are many people who decide on buying/selling by only looking at the price of a coin or a token and saying Project X is “cheaper” than Project Y. Don’t make the same mistake.
Market Cap = Price x Circulating Supply
Since each project determines an arbitrary supply number while minting the coin/token, it only makes sense to compare the market caps of different projects. Please check the video below to understand this important point:
Check our Socratoshi Nakaplato series. Socratoshi is our protagonist. Blockchain space is often like a circus. Socratoshi is your personal clown who helps you navigate the space with a mixture of wisdom and parody.
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