Everyone who trades knows that in the crypto world, a bunch of numerical abbreviations are often thrown around during discussions. What 1K, 100M, 10B… it looks quite complicated, but it's actually this simple:
1K = 1 thousand (1,000)
For example, when BTC rises from 50K to 60K, it is an increase from 50,000 dollars to 60,000 dollars.
1M = 1 million (1,000,000)
A certain small coin's market value suddenly surged to 5M, indicating it is worth 5 million dollars.
1B = 1 billion (1,000,000,000)
If the market cap of ETH reaches 1B, that would be a scale of 1 billion US dollars.
Quick Reference Table:
K (thousand) → 1,000
M (million) → 1,000,000
B (billion) → 1,000,000,000
Why should we understand these?
You need to look at K-line charts, analyze market capitalization, and assess risks. Especially in the crypto world, these numbers directly relate to how much you can earn and how much you can lose. The next time you see “this coin surged to a market cap of 1M”, you'll know how much it's worth.
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Confused by K, M, B in the crypto market? This article explains it in seconds.
Everyone who trades knows that in the crypto world, a bunch of numerical abbreviations are often thrown around during discussions. What 1K, 100M, 10B… it looks quite complicated, but it's actually this simple:
1K = 1 thousand (1,000) For example, when BTC rises from 50K to 60K, it is an increase from 50,000 dollars to 60,000 dollars.
1M = 1 million (1,000,000) A certain small coin's market value suddenly surged to 5M, indicating it is worth 5 million dollars.
1B = 1 billion (1,000,000,000) If the market cap of ETH reaches 1B, that would be a scale of 1 billion US dollars.
Quick Reference Table:
Why should we understand these? You need to look at K-line charts, analyze market capitalization, and assess risks. Especially in the crypto world, these numbers directly relate to how much you can earn and how much you can lose. The next time you see “this coin surged to a market cap of 1M”, you'll know how much it's worth.