Market Cap

Market capitalization, or market cap, is the total value of a cryptocurrency’s circulating supply. It is calculated by multiplying the current price of a single token or coin by the number of tokens in circulation. Market cap is often used to rank cryptocurrencies and compare their relative size within the market. A higher market cap generally indicates a more established and widely held asset, while a lower market cap may suggest higher volatility or growth potential. Market cap provides insight into the scale, adoption, and perceived value of a project.