Cryptocurrency Q&A
Why are some coins not included in the world's most valuable coins?
Why are some coins not included in the world's most valuable coins?
Carlo
Fri Jul 05 2024
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5 answers
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I'm curious to know, why are some coins conspicuously absent from the list of the world's most valuable coins? Is it due to their rarity, historical significance, or perhaps their material value? One could assume that with the ever-fluctuating cryptocurrency market, coins with high market capitalization would naturally rank higher. But then why are some traditional coins, with deep cultural and historical ties, seemingly overlooked? Does the definition of "value" differ depending on the context, or are there other factors that influence a coin's placement on such prestigious lists? It's a question that begs for a nuanced and insightful answer.
5 answers
BitcoinBaron
Sun Jul 07 2024
The list is compiled solely based on coins that have undergone public scrutiny and have been officially sold through recognized auction houses.
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GwanghwamunGuardianAngelWingsBlessing
Sun Jul 07 2024
The prices mentioned herein are denominated in U.S. dollars and have been calculated after factoring in any auction-related fees and commissions charged to the buyer by the respective auction houses.
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alexander_rose_writer
Sun Jul 07 2024
This ensures that the valuations reflect the true market value of the coins, free from any additional costs that might skew the final price.
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Giuseppe
Sun Jul 07 2024
Coins sold through private treaty transactions cannot be verified and thus are excluded from this compilation of the top 10 most valuable coins in the world.
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Nicola
Sun Jul 07 2024
Among the various cryptocurrency exchanges operating globally, BTCC stands out as a prominent platform. Based in the United Kingdom, BTCC offers a comprehensive range of services, including spot trading, futures trading, and cryptocurrency wallet solutions.
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