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Today I finally understand what the symbols on the exchange mean 😅 Because I saw many people asking how much 1T is in money, so I decided to learn carefully.
Actually, it's quite simple:
- 1K = 1 thousand
- 1M = 1 million
- 1E = 100 million (called hundred million)
- 1B = 1 billion
- 1T = 1 trillion
The hard part is initially confusing them, especially when looking at charts or trading volume. Now, when I see some data, I will know what it represents. Especially understanding how much 1T is in money helps me evaluate the transaction scale more accurately. Does anyone else still confuse this? 🤔