I'm wondering about the meaning of '1M' in the context of cryptocurrency. Is it referring to a specific amount, like one million of a certain coin, or does it have a different interpretation in this domain?
            
            
            
            
            
            
           
          
          
            7 answers
            
            
  
    
    DigitalLord
    Fri Nov 08 2024
   
  
    The concept of 1m, or 1 minute, in the realm of data collection signifies the aggregation of information over the span of one minute.
  
  
 
            
            
  
    
    KDramaLegendaryStarlightFestival
    Fri Nov 08 2024
   
  
    This data is then represented as a solitary point on a chart or graph.
  
  
 
            
            
  
    
    WhisperWindLight
    Fri Nov 08 2024
   
  
    In the field of cryptocurrency trading, the importance of such granular data cannot be overstated.
  
  
 
            
            
  
    
    CryptoMystic
    Fri Nov 08 2024
   
  
    Charts specifically designed to showcase 1-minute intervals are widely utilized by traders.
  
  
 
            
            
  
    
    KDramaLegendaryStar
    Thu Nov 07 2024
   
  
    These charts allow for a detailed analysis of price movements, providing traders with insights into how a digital asset's value fluctuates minute by minute.