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Did someone ask how much 1k is on the exchange earlier? Okay, I'll explain briefly about the common units we often see on exchanges, so you won't be confused anymore.
So, here it is, when we look at charts or trading volume, there are some abbreviations that need to be understood:
1K means 1k. Most often appears when we see prices or volume in a more concise format.
1M means 1 million. Quite frequently used, especially when talking about market cap or larger volumes.
1E is equal to 100 million. This is less commonly used compared to the others, but it's still important to know.
1B is 1 billion. It’s a pretty large number, often seen in total value locked or market cap of big projects.
1T means 1 trillion. This is a super large number, usually only appears when discussing Bitcoin or Ethereum market cap during a bull run.
Basically, each time you go up a level, the number can become thousands of times larger. So, once you're familiar with these units, you won't be confused anymore when reading charts or data on the exchange.