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AMBCrypto launches its comprehensive market cap calculator

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AMBCrypto launches its comprehensive market cap calculator

December 13
16:15 2022
AMBCrypto launches its comprehensive market cap calculator
AMBCrypto’s market cap calculator homepage
AMBCrypto recently launched a global market cap calculator for its users.

According to estimates, the global cryptocurrency userbase is set to cross the 1 billion mark by 2030, its market cap is expected to reach $4.94 billion by this time. Market capitalization or market cap refers to the total value of all the coins that have been mined. Using the market cap calculator traders and investors can compare the total value of various cryptocurrencies with one another and make informed better decisions. 

As an indicator, the market cap is helpful in doing a fundamental analysis of the coins and can also help to determine the volatility of an asset. It helps in forming a general perception of how traders see any coins, for example, if an altcoin has a higher market cap, it can be seen by many users as reliable or trustworthy, or more stable. On the other hand, if a coin has a lower market cap then it can be seen as new, less reliable, and speculative in nature. 

Circulating supply is a term that is associated with market cap. The circulating supply of a coin is the number of total coins currently available for users or in circulation, a coin can have a very high circulating supply but a low market cap or a higher market cap but a lower circulating supply. 

Max supply refers to the maximum amount of coins that will be available to the users in the future. Volatility is seen as an amalgamation of factors like market cap, circulating supply, max supply, volatility, active trading volume, and price. It can be deemed both good or bad depending on the investor and the risk or return objective they have in mind. 

As the crypto space is seeing more adoption, investors and new players are trying to understand and make better trades by expanding their knowledge of cryptocurrencies and the factors that shape or influence their movement in the market. 

Both fundamental and technical analysis is crucial for advanced users who look at price charts, and indicators and try to find trends to predict movements and make profits. Market cap is one of the key statistics that help not just advanced users but also novice traders to look at a more complete story about any cryptocurrency of their choice. 

Simple to use interface and easy calculations 

AMBCrypto has recently launched its Market cap calculator that can help people find the price or expected price of their token and check whether or not it comes in the top 50 or 100 positions.

 Apart from just calculating the market cap, an interesting feature on the platform is the ability to check when the market cap of Coin A would touch the market cap of Coin B. This can be very useful for anyone in the space who wants to keep a track of new tokens and coins that are launched in the market. 

AMBCrypto’s market cap calculator has a simple-to-use interface that lets users select coin A and coin B and gets the token price. The platform has 45+ fiat options along with Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), and Polygon (MATIC). 

Traders and investors can look at the prices of cryptocurrencies with the market cap of others, calculate the market cap using current price and supply, and also their profit and loss in crypto with this market cap calculator. In order to calculate their profits or losses they need to choose the cryptocurrency, the buy price, the investment, the sell price, the investment fee, and an exit fee. Users will then get a detailed view of their trade along with details about the market cap, circulating supply, total supply, and 24H volume of the coin. 

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