Market Cap

By: WEEX|2024/10/26 09:15:37

Market capitalization (market cap) in cryptocurrency refers to the total value of all coins or tokens in circulation for a particular cryptocurrency. It is calculated by multiplying the current price of the cryptocurrency by its circulating supply. Market cap is an essential metric used by investors to gauge the size, potential, and risk level of a cryptocurrency. Cryptocurrencies with higher market caps are generally considered more stable, while those with smaller market caps can be more volatile but also offer greater growth potential. Market cap is often used to rank cryptocurrencies in terms of size and importance within the market.

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