3 ms·
Because: <Market Cap> = <Number of Shares> * <Price per share> Market cap can change a lot, using very little money, depending on how many units or shares the
by Rury 5y ago
Because: <Market Cap> = <Number of Shares> * <Price per share>
Market cap can change a lot, using very little money, depending on how many units or shares there are.
For example: 1 million MC = 1 million shares * 1$ cost per share
If one person is suddenly able to sell 1 share at 2$, market cap immediately doubled to 2 Million, using only 2$.