Glossary
Unit bias
Also written or said as: cheap coin, price per token
Feeling that a coin with a tiny price per token is cheap and has more room to grow.
People like owning millions of something, so a coin at $0.00002 feels like a bargain and one at $40 feels expensive. Both feelings are wrong, because what matters is the market cap. A coin with a tiny price and a huge supply can be far more expensive than it looks.
Learn it properly inPrice vs market capReading a coin · 4 min readRelated words
This guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.