Here are five (5) indicators to determine the true value of any cryptocurrency
For the newbies:When people discuss cryptocurrencies, they are a few key factors which should always be taken into account or consideration. Judging currencies on the basis of their market caps alone is no longer a viable option, even though its still the most popular indicator. There are other factors to be taken into account in order to get the complete picture. Below are some basic metrics for (novice) cryptocurrency traders should be aware of at all time.
(1) Market Cap
(2)Maximum Supply
(3)Total Supply
(4) Can it be Mined?
(5)Does it have a native exchange?
Hope these should put the newbies in track on what is going on in the crypto world.