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Which exchanges contribute the most to the market cap of ICP coin?

avatarEla BougdarDec 24, 2021 · 3 years ago3 answers

Can you provide a breakdown of the exchanges that have the highest contribution to the market capitalization of ICP coin? I'm particularly interested in knowing which exchanges play a significant role in determining the market cap of ICP coin.

Which exchanges contribute the most to the market cap of ICP coin?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    The exchanges that contribute the most to the market cap of ICP coin are Binance, Coinbase, and Kraken. These exchanges have a large user base and high trading volume, which significantly impacts the market cap of ICP coin. Additionally, their reputation and trustworthiness attract more investors, further increasing the market cap. It's important to note that market cap can fluctuate based on various factors, so it's always recommended to stay updated with the latest information.
  • avatarDec 24, 2021 · 3 years ago
    When it comes to the market cap of ICP coin, Binance is the leading exchange. With its extensive user base and high trading volume, Binance plays a crucial role in determining the market cap of ICP coin. Coinbase and Kraken also contribute significantly to the market cap, but Binance stands out as the top contributor. Keep in mind that market cap can change over time, so it's essential to monitor the latest trends and developments in the cryptocurrency market.
  • avatarDec 24, 2021 · 3 years ago
    According to recent data, the exchanges that contribute the most to the market cap of ICP coin are Binance, Coinbase, and BYDFi. These exchanges have a substantial user base and high trading volume, making them key players in determining the market cap of ICP coin. Binance, in particular, has a significant impact on the market cap due to its dominance in the cryptocurrency exchange industry. Coinbase and BYDFi also play a crucial role in shaping the market cap of ICP coin. It's important to keep track of the latest market trends and developments to make informed investment decisions.