Understanding market metrics
When trading or holding cryptocurrency, you’ll come across certain market metrics that help you evaluate price movements and market conditions. Wraith Wallet displays these key figures so you can make more informed decisions.
Price
The current value of a cryptocurrency, usually quoted in pounds, euros, or dollars. Prices can also be displayed in terms of another cryptocurrency, such as ETH/BTC.
Market capitalisation
The total value of a cryptocurrency, calculated by multiplying the current price by the circulating supply. Market cap = price × circulating supply
This metric is often used to compare the size of different cryptocurrencies.
Volume
The total amount of a cryptocurrency traded within a specific time period (often 24 hours). High trading volume usually indicates strong interest and liquidity in the market.
Circulating supply
The number of coins or tokens currently available and circulating in the market. This figure is used in market cap calculations and helps assess scarcity.
Total supply and max supply
Total supply - the number of coins or tokens that currently exist, including those not yet circulating.
Max supply - the maximum number of coins that will ever exist (if limited by the protocol).
Price change (24h)
The percentage increase or decrease in a cryptocurrency’s price over the last 24 hours. This metric gives a quick snapshot of short-term market performance.
Why market metrics matter
Evaluate potential investments - understand if an asset is growing or declining.
Compare cryptocurrencies - assess relative size and strength.
Track market trends - identify momentum and volatility.
Market metrics in Wraith Wallet
Wraith Wallet displays real-time price, market cap, volume, supply, and 24-hour percentage change for supported assets.
These figures are sourced from trusted data providers and updated regularly.
You can view them on the asset page alongside your current balance.
Key points to remember
Market metrics provide important insights into cryptocurrency performance.
Price, market cap, volume, and supply are the most widely used.
Wraith Wallet shows live data so you can track your holdings with confidence.
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