What Is the Market Cap and How Does It Work in Crypto?

Market capitalization is one of many ways to measure the size of the cryptocurrency market. You can calculate it by multiplying the total supply of coins by the current price per coin or token. This gives you an estimation of the cryptocurrency's market value and helps to compare it against other tokens. The 'market cap' provides a valuable way to quickly evaluate one cryptocurrency's relative size against another. For example, if you wanted to compare Bitcoin and Ethereum, you could…

The Differences between Inflationary and Deflationary Coins

Economics plays a significant role in a currency's success, whether fiat or crypto. Today, we explore the differences between inflationary and deflationary cryptocurrencies. By understanding the underlying dynamics of each type of currency, investors will be ready to make decisions regarding cryptocurrency investments. A Fundamental Premise on Inflation Theory and Cryptocurrency Inflation is the general increase in price levels in an economic system. It occurs when the amount of money in circulation exceeds the volume of goods and services available.…

Top Altcoins to Invest in 2023

As cryptocurrency continues to evolve, it can be tricky to determine which altcoins are more likely to achieve long-term growth. With so many options available, how do you know which altcoins will be the top performers in 2023? These coins possess unique features and growth potential. These characteristics make them appealing investments for those looking to grow their portfolio in the year ahead. The Increasing Popularity of Alternative Coins Alternative coins, or altcoins, are digital assets that serve as alternatives to…

Why Bitcoin Should Be Your First Crypto Investment

Investing in cryptocurrency is becoming increasingly popular, and various options are now available. But if you're new to investing in digital currencies, it's best to start with the most trusted and established one: Bitcoin (BTC). The king of cryptocurrencies, Bitcoin has many advantages that make it the go-to option for success-seeking investors in this new and exciting asset class. There are plenty of reasons why investing in Bitcoin first is the best choice for most investors. Let’s break them down! …