What does the 'price/c' mean in the context of cryptocurrency?

4 answers

• McElroy VinterJul 18, 2023 · 3 years ago
  In the context of cryptocurrency, 'price/c' refers to the price of a specific cryptocurrency divided by the total circulating supply of that cryptocurrency. It is a metric used to determine the value of a single unit of the cryptocurrency relative to the overall supply. For example, if a cryptocurrency has a price of $10 and a circulating supply of 1 million coins, the price/c would be $0.00001 per coin. This metric can be useful for comparing the value of different cryptocurrencies.
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• LiovaOct 19, 2023 · 3 years ago
  Ah, 'price/c' in the world of cryptocurrency! It's a fancy way of saying the price per coin. You take the total price of a cryptocurrency and divide it by the number of coins in circulation. This gives you the price of a single coin. It's like figuring out how much each slice of pizza costs at a party. So, if a cryptocurrency has a price of $10 and there are 1 million coins in circulation, the price/c would be $0.00001 per coin. Simple math, really.
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• TRUE FuglsangJun 21, 2021 · 5 years ago
  When it comes to cryptocurrency, 'price/c' is a term used to describe the price per coin. It's calculated by dividing the total market capitalization of a cryptocurrency by its circulating supply. For example, if a cryptocurrency has a market cap of $100 million and a circulating supply of 10 million coins, the price/c would be $10 per coin. This metric helps investors and traders understand the value of a single unit of the cryptocurrency.
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• Calido FordjourFeb 01, 2022 · 4 years ago
  BYDFi, a popular cryptocurrency exchange, defines 'price/c' as the price per coin in the context of cryptocurrency. It is calculated by dividing the market capitalization of a cryptocurrency by its circulating supply. This metric is commonly used to evaluate the value of a single unit of a cryptocurrency. For instance, if a cryptocurrency has a market cap of $1 billion and a circulating supply of 100 million coins, the price/c would be $10 per coin. It's an important metric to consider when analyzing the potential value of a cryptocurrency investment.
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