How does Coingecko rank AVAX in terms of market capitalization?

7 answers

• Mar 15, 2022 · 3 years ago
  Coingecko ranks AVAX based on its market capitalization, which is calculated by multiplying the current price of AVAX by its circulating supply. The circulating supply refers to the number of AVAX coins that are currently in circulation and available for trading. Coingecko collects data from various exchanges and calculates the average price of AVAX across these exchanges. It then multiplies this average price by the circulating supply to determine the market capitalization ranking.
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• Mar 15, 2022 · 3 years ago
  When it comes to ranking AVAX in terms of market capitalization, Coingecko takes into account the current price of AVAX and its circulating supply. The circulating supply represents the number of AVAX coins that are actively being traded on the market. Coingecko collects data from multiple exchanges and calculates the average price of AVAX. It then multiplies this average price by the circulating supply to determine the market capitalization ranking.
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• Mar 15, 2022 · 3 years ago
  Coingecko, a popular cryptocurrency data platform, ranks AVAX based on its market capitalization. Market capitalization is calculated by multiplying the current price of AVAX by its circulating supply. Coingecko collects data from various exchanges to determine the average price of AVAX. It then multiplies this average price by the circulating supply to determine the market capitalization ranking. Please note that this answer is provided from a third-party perspective and does not represent the views of BYDFi.
  515129
• Mar 15, 2022 · 3 years ago
  Coingecko uses a specific formula to rank AVAX in terms of market capitalization. The formula takes into account the current price of AVAX and its circulating supply. By collecting data from different exchanges, Coingecko calculates the average price of AVAX. This average price is then multiplied by the circulating supply to determine the market capitalization ranking. It's important to note that Coingecko's ranking is based on publicly available data and may not reflect the exact market capitalization of AVAX on any specific exchange.
  541109
• Mar 15, 2022 · 3 years ago
  Coingecko ranks AVAX based on its market capitalization, which is determined by multiplying the current price of AVAX by its circulating supply. The circulating supply represents the number of AVAX coins that are actively traded on the market. Coingecko collects data from multiple exchanges and calculates the average price of AVAX. This average price is then multiplied by the circulating supply to determine the market capitalization ranking. Please note that the ranking may vary slightly between different data platforms due to differences in data sources and calculation methods.
  58598
• Mar 15, 2022 · 3 years ago
  Coingecko determines the market capitalization ranking for AVAX by considering the current price of AVAX and its circulating supply. The circulating supply refers to the number of AVAX coins available for trading. Coingecko collects data from various exchanges and calculates the average price of AVAX. It then multiplies this average price by the circulating supply to determine the market capitalization ranking. It's important to note that market capitalization rankings can fluctuate as the price and circulating supply of AVAX change.
  53977
• Mar 15, 2022 · 3 years ago
  Coingecko ranks AVAX based on its market capitalization, which is calculated by multiplying the current price of AVAX by its circulating supply. The circulating supply represents the number of AVAX coins available for trading. Coingecko collects data from multiple exchanges and calculates the average price of AVAX. It then multiplies this average price by the circulating supply to determine the market capitalization ranking. Please note that this answer is provided from a third-party perspective and does not represent the views of BYDFi.
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