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Bears took yesterday. Bulls are charging forward

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For a bonus zap explain why market cap is important. The stacker who can read my mind and guess today’s market correctly will earn an additional 5k zap!

501 sats \ 1 reply \ @Entrep 10h

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Market capitalization is the total market value of a company's outstanding shares. It indicates a company's true size, scale, and overall worth in the public market.

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211 sats \ 1 reply \ @lunanto 9h

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Major indices like the S&P 500 or the Dow Jones Industrial Average use market cap as a primary criterion for inclusion. Many mutual funds and ETFs (Exchange-Traded Funds) are market-cap weighted, meaning they invest more money into companies with larger market caps. If a company's market cap grows, it gains more influence over the index's movement.

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True but not in my mind

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It will be difficult to read your mind 😅, but I think it's important because it tells you how big a company is and how risky it might be.

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200 sats \ 0 replies \ @Tef 14h

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It somehow shows the price trend, so you get an indicator of whether to buy or sell.

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200 sats \ 0 replies \ @brave 12h

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Important because it reflects real scale, not just price. Prevents misleading cheap stock traps.

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200 sats \ 1 reply \ @phat0m 12h

🟩 It’s all about the circulating supply * price. Market cap is the real scoreboard.

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It’s a decent scoreboard more tells us how much someone needs to pay to own the public company

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200 sats \ 0 replies \ @artemis 11h

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It shows a company's size, helping you gauge investment risk and volatility.

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200 sats \ 0 replies \ @ladyluck 11h

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Price is what you pay, market cap is what it’s worth relative to the world.

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200 sats \ 0 replies \ @joyfam 10h

🟩 It helps investors see if an asset can realistically double or triple based on the total money currently in the global market.

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200 sats \ 0 replies \ @Zion 10h

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200 sats \ 0 replies \ @fred 8h

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93 sats \ 1 reply \ @Oxy 13h

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Market cap shows the total value and size of an asset, the bigger cap usually means more stability & liquidity.

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I like this answer thus no downzap

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BULLS WIN (🟩)

Market Cap = Cost to buy the public company (market price x shares outstanding)

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BTM I think was a pump and dump

It ran up on no news and now it’s being dumped on no news

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#1489515

I stand corrected

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You mean someone boosted the price so it wouldn’t crash too hard on the news?

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74 sats \ 0 replies \ @ladyluck 11h

Here was I thinking it was because of this news - Canada to remove ~4000 Bitcoin ATMs across the country

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1 sat \ 0 replies \ @Taft 13h -20 sats

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Market cap helps you going bearish or bullish.