🤷‍♂️WHAT IS THIS CMC20 THAT APPEARED ABOVE THE ₿ITCOIN?

😮 THIS CONFUSED EVERYONE ON COINMARKETCAP🤔

THE Leandro Fumão WILL EXPLAIN 💎

⚡ WHAT IS CMC20 ❓

CoinMarketCap 20 Index DTF = Token that tracks the TOP 20 cryptos by market cap.

Instead of buying $BTC , $ETH , $BNB separately, you buy 1 cryptocurrency that represents ALL! 🤯

💼 FEATURES

✅ Launched on Nov 17 by CoinMarketCap

✅ First DeFi index on the BNB Chain

✅ Price: ~$186 USD

✅ Excludes stablecoins and wrapped tokens

✅ Mint/Redeem 24/7

🔥 WHY ABOVE BITCOIN?

Strategic marketing by CoinMarketCap promoting its product! 📊

💡 WHAT IS IT FOR

🎯 INSTANT DIVERSIFICATION

20 largest cryptos in 1 click

No need to manage multiple coins

📊 FOR BEGINNERS

Don’t know which to buy? Buy ALL!

Reduces risk

💼 FOR INSTITUTIONALS

Automated rebalancing

Lower costs

📈 NUMBERS:

📅 ATH: $200.80 (Nov 18)

📉 ATL: $172.09 (Nov 21)

💰 Market Cap: ~$5.4M

📊 Volume 24h: ~$3.7M

🧠 IS IT WORTH IT?

PROS

✅ Automatic diversification

✅ Less individual risk

✅ Auto rebalancing

✅ Easy access

CONS

❌ No altcoin type explosion

❌ Embedded management fee

❌ Low liquidity

❌ Very new (9 days!)

💭 ANALOGY

It’s the S&P 500 of crypto! 📊

⚠️ IMPORTANT:

IT IS NOT BITCOIN!

It’s an index that INCLUDES Bitcoin!

BTC drops 10% → CMC20 drops less

BTC rises 50% → CMC20 rises less

🎯 WHO SHOULD BUY:

✅ Beginners wanting overall exposure

✅ Conservatives in crypto

✅ Those who want to "bet on the market"

❌ DO NOT BUY IF:

Looking for 100x-1000x gains

Are an aggressive altcoin trader

💬 Index or choose your cryptocurrencies?

📌Note: The cryptocurrency CMC20 is currently unavailable on Binance

⚠️ Reminder: This is not financial advice. Always do your own research before investing in any crypto or NFT project.

#cmc20 #CoinMarketCap #crypto #bitcoin #CryptoNews