I happened to see someone asking how much 1M is worth, so I decided to organize all these counting units used in exchanges to prevent everyone from getting confused when looking at market data.

First, it's important to understand that these units appear very frequently on exchanges, especially when viewing candlestick charts, trading volume, and market capitalization data. 1K stands for 1k, which is easy to understand. Going higher, we have 1M, which means 1 million, so if someone says a certain coin's trading volume is 1M, that means 1 million.

A bit larger is 1E, which equals 100 million. Then 1B stands for 1 billion. Finally, 1T represents 10 trillion, a number often seen when discussing the market cap of major coins like Bitcoin or Ethereum.

In fact, this counting logic is used worldwide in financial markets, not just in the crypto space. When you look at data on Gate or other exchanges, if the trading volume is marked as "2.5M," that means 2.5 million in volume. Sometimes, the funding amount for a project is written as "5M," which means 5 million USD. Once you understand this system, reading market data becomes much easier.