Crypto is a source of great fun and maybe even income some day.
While learning to make Technical graphs using Fibonacci ratios I encountered the long list of zero’s involved after the decimal point. For example. Right now SHIBA INU is priced @ 0.00004319. Tracking this kind of transaction within a monetary investment is new to me. Even penny stock is valued over a penny.
SHIBU INU has quite a following and I am trying to learn about them. Making the tech chart tracing their pricing fluctuations seemed impossible until I found a wonderful site called statista.com. They offer investing pricing based on one million units coins purchase.
So that you get the meaning, On December 01, 2021 SHIBU INU traded at $47.41 for one million coins. On November 01, 2021they traded $44.59 for one million coins. The going price is still fluctuating from the above mentioned 0.00004319 but you can get an easier handle on it. Therefore $0.00004319 x 1million = $43.19!!!
Learning new things. Enjoy
Learn more about finance terms at Investopedia