How can mm as million be used in the context of digital currencies?

3 answers

• JameFeb 15, 2021 · 4 years ago
  In the context of digital currencies, the abbreviation 'mm' is commonly used to represent million. For example, if someone says that a certain cryptocurrency has a market cap of 100mm, it means that its market cap is 100 million dollars. This abbreviation is often used in financial discussions to save space and make numbers easier to read and understand.
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• Grant ErikssonAug 09, 2022 · 3 years ago
  When it comes to digital currencies, 'mm' is frequently used as a shorthand for million. For instance, if you see a price tag of 5mm next to a cryptocurrency, it means that the price is 5 million dollars. This abbreviation is widely used in the industry and helps to convey large numbers quickly and efficiently.
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• gakkioxAug 28, 2024 · a year ago
  In the context of digital currencies, the abbreviation 'mm' can be used to represent million. For instance, if a cryptocurrency project announces that it has raised 10mm in funding, it means that they have secured 10 million dollars. This abbreviation is commonly used in the crypto space and is easily understood by industry insiders.
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