The price of a coin is irrelevant. You need to look at the marketcap.

Cryptocurrency News and Public Mining Pools

The price of a coin is irrelevant. You need to look at the marketcap.

For those of you who may be new to the crypto world, the price of a coin is largely irrelevant for growth. A $1 ADA vs $55K BTC does not really affect the potential growth of the coin. The metric to keep an eye out on is marketcap. This is the number of coins multiplied by the price of the coin. The marketcap of BTC is $1 Trillion whereas the marketcap of ADA is $38 Billion. It is much more easy to move the price of ADA than it is that of BTC due to the amount of money already in each coin.

submitted by /u/SerialMasticator
[link] [comments]