What are the Benefits of Marketcap in the Crypto World?

[Suba]

Crypto market cap is a metric to measure each crypto and assess the position of the coin/token in the market. Market cap is also the most widely used measuring tool by both investors and traders such as the amount of supply and max supply So in your opinion, are there any benefits of marketcap for both traders and investors?

 

[monster_masterpiece]

Hello I use always to know price of crypto against dollar or the crypto chart so it is a useful website.

 

[Augusta]

Market cap allows investors to compare the value of different cryptocurrencies, making it easy to see which are larger and more significant.

 

[riberet19]

The higher the market cap, the greater the likelihood that it is a solid project with prospects; the lower the market cap, the greater the risk and the less built the project likely is.