Bitcoin Forum

How to calculate any coin's potential with Coin Market Cap ?
Please mention Example of any coin It would be great Info

Thanks

What are you talking about? Is it just about investing?
If yes... You can just learn about each crypto manually. It is the best option.
But as first option you can use for information this website:
https://www.coinschedule.com/icos.php

For every coin, you should do your own research. read about the team, their announcements, whitepaper. I don't think the marketcap is a factor for a coin to be successful future. OF course very low marketcap is not a good sign.

Coinmarketcap can give you some valuable information. Look at marketcap, which is [price of 1 coin] x [number of coins in circulating supply]. This tells you the overall current value, and a bit about how much room a coin has to grow. So a marketcap of $10m can be 10m coins at $1 per coin, or 10000 coins at $1000 per coin... it's the same thing, so the price of an individual coin doesn't really matter. In either case if you spend $10, you get 1 millionth of the circulating supply. The other thing to look at is max supply. If a coin has 1m circulating supply but 10m max supply then the coin value could drop to 1/10 of its current value when all coins enter circulation... whereas a 1m circulating supply but 2m max supply means 1/2 of the coins are already circulating.

... but it is a lot more complex than this. Coinmarketcap can give you some information.

Information from Coinmarket Cap alone will not be enought to calculate a coin's potential. However, there are some clues, I suppose. If it has been in the top 50 for a long period of time, this means stability. If it is listed in many markets, with recent volumes and with different fiat and even crypto pairs, this means liquidity. If it shows good moving price history and not just peaks of pumps and dumps, this means natural trading.

You can't calculate a coins potential from its Market Cap.  Since the Market cap is not relating to anything more than a time slice of a coins current prince on a given market, and the number of coins available at that time.  Has nothing to do with the amount that has been invested in a coin or anything to that matter.

Coinmarketcap isn't good place to calculate potential. Its dev teams, roadmaps, whitepapers and community. Always look for these 4 elements. So you can find potentially great coin to make you super rich I suppose (I never find)

I know it's an old thread but if you want to calculate the potential you can use www.LittleCap.io (http://www.LittleCap.io) to calculate the Market Cap etc. with your own data. ;)

CMC only gives a rough idea on how it is currently performing. You can see price history, the volume & supply and the places where you can buy into the project (well, simply buy tokens that is).

Next to this you need information about team, roadmap, feasibility, product, long term prospect, advisors, whitepaper etcetc....

And even then it may not be that easy to assume the token will make you a lot of money, as even the best of the best projects out there currently have difficulties even reaching half their former ath :). Welcome to the not so great current crypto times :).

You can't only depend on coinmarketcap but coinmarketcap can act as the first reference to anything.
Not only you can watch the price graph, you can see the tweets, get link to discussion on bitcointalk and reddit, a link to their website and whitepaper.
i.e. everything you need at a place.

I think there's no way to calculate the potential of a coin because it's just an investment and you take all the risks when you do.

You cannot calculate potential marketcap because it cannot be accurately defined. You have to estimate a coins potential and that's the best you can do. To do this you should consider the marketcap of its competitors as well as the size of the market it is operating in.

there is no specific benchmark for measuring the potential of a coin. if you want to invest should first learn about crypto and you should learn about the project deeper to determine if the coin is potentially or not. find out about the team, the prospects offered, and the concepts used in the project. good luck for the project.

potential of a coin is not something you can "calculate" specially not by using coinmarketcap.com website!!!

you can however find out signs of a rise in some altcoin. it is sometimes hard but it is possible to notice that a pump is on the way. for instance when you see a small rise in price but a large rise in the volume of the coin and then see a news in the media about that coin you can say that this coin has a good potential for a daily pump.

just remember to not hold that coin for long because you will get dumped on and lose money.

You will not be able to find anything important, only general information about the project.