What is M1 in the context of cryptocurrency?

3 answers

• Dec 17, 2021 · 3 years ago
  M1 in the context of cryptocurrency refers to the total supply of a particular cryptocurrency that is readily available for use in the market. It includes the circulating supply as well as the amount held by exchanges and wallets that are actively used for transactions. M1 is an important metric to understand the liquidity and availability of a cryptocurrency in the market. It can affect the price and trading volume of the cryptocurrency, as a higher M1 indicates a larger supply available for trading.
  506253
• Dec 17, 2021 · 3 years ago
  When it comes to cryptocurrency, M1 represents the liquid supply of a specific digital currency. This includes the coins or tokens that are actively traded on exchanges and can be readily used for transactions. M1 is an important indicator of the overall market liquidity and can impact the price movements of the cryptocurrency. It is crucial for investors and traders to monitor the M1 value of a cryptocurrency to assess its market potential and trading opportunities.
  471157
• Dec 17, 2021 · 3 years ago
  M1 in the context of cryptocurrency is a measure of the total supply of a digital currency that is actively circulating in the market. It includes the coins or tokens held by individuals, exchanges, and wallets that are available for immediate use. M1 provides insights into the liquidity and trading activity of a cryptocurrency. It is an important factor to consider when analyzing the market dynamics and making investment decisions. For example, a cryptocurrency with a higher M1 value may have more trading opportunities and higher price volatility.
  554139