CoinCapTrap is a tool that lets you quickly and easily compare total market capitalizations of different cryptocurrencies.
Although not entirely appropriate, we chose this name because almost every crypto newcomer goes through the stage of coin price misunderstanding, and because of that mistake, they often end up bagholding
In financial slang, a bagholder is a shareholder left holding shares of worthless stocks or crypto. The word is derived by combining shareholder with the expression "left holding the bag."
hopeless coins that are "cheap".
To understand that the price of a coin doesn't matter, one needs to grasp the simple concept of the total market capitalization. Market capitalization = total supply * price. This simple visualization tool might be helpful for newcomers wanting to avoid sneaky traps.
We have more than 3000 cryptocurrencies in our database and prices are updated every few minutes thanks to CoinGecko.
If you have a suggestion or want to report a bug, please contact us through this simple form.