What is the meaning of 'mio' in the context of cryptocurrency?

3 answers

• ThityMay 16, 2024 · 2 years ago
  In the context of cryptocurrency, 'mio' is a commonly used abbreviation for 'million'. It is often used to refer to large amounts of cryptocurrency, such as when discussing market capitalization or trading volumes. For example, if someone says 'Bitcoin's market cap is 100 mio', it means that Bitcoin's market cap is 100 million dollars.
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• Berg KaspersenMay 12, 2023 · 3 years ago
  When people in the cryptocurrency community say 'mio', they are simply using a shorthand for 'million'. It's a way to quickly and concisely express large numbers without having to write out all the zeros. So if you see someone talking about '10 mio' in the context of cryptocurrency, they are referring to 10 million of something, whether it's dollars, tokens, or another unit of measurement.
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• Tanvir IslamJul 06, 2024 · a year ago
  In the context of cryptocurrency, 'mio' stands for 'million'. This abbreviation is commonly used in discussions about market capitalization, trading volumes, and fundraising amounts. For example, if a project announces that they have raised 5 mio in their initial coin offering (ICO), it means they have raised 5 million dollars. 'Mio' is a convenient way to represent large numbers in a concise manner.
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