What is market capitalization? Understand market capitalization in the cryptocurrency world in one minute

Market cap, calculated as (current price x total supply), gauges a cryptocurrency's size, liquidity, and market sentiment, serving as a barometer of its dominance in the industry.

Nov 13, 2024 at 12:41 am

What is Market Capitalization? Understanding Market Cap in Cryptocurrency in 60 Seconds

1. Definition:

Market capitalization (market cap) refers to the total value of all available coins or tokens of a specific cryptocurrency.

2. Calculation:

Market cap = Current price of the cryptocurrency x Total supply of coins/tokens

3. Importance:

Market cap serves as a key indicator of a cryptocurrency's size, liquidity, and overall market sentiment:

- **Size:** A higher market cap indicates a larger and more established cryptocurrency.
- **Liquidity:** Cryptocurrencies with larger market caps tend to be more liquid, making it easier for investors to buy and sell.
- **Market Sentiment:** Market cap fluctuations can reflect changes in investor confidence and speculation.

4. Tracking Market Cap:

Market caps can be tracked through cryptocurrency data websites and trading platforms like CoinMarketCap or Binance.

5. Top 10 Cryptocurrencies by Market Cap (as of February 2023):

OKX
Binance
Tether
USD Coin
Bitcoin
Ethereum
BNB
XRP
Cardano
Polygon

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

LIT

$1.3588

143.62%

Trade Now
NEW

$0.0100

85.15%

Trade Now
ANT

$1.9412

18.43%

Trade Now
SWFTC

$0.0390

8.76%

Trade Now
FUEL

$0.0265

7.85%

Trade Now
PEPU

$0.0204

7.82%

Trade Now

Latest Crypto News

Elluminex (ELX) Presale Star Set to Play Major Role in TON Coin's (TON) Long-Term Recovery
2025-02-02 17:00:57
Dogecoin Reinvents Its Role in the Digital Economy with a Groundbreaking AI Collaboration
2025-02-02 17:00:57
XYZVerse: The Rising Star of 2025
2025-02-02 17:00:57
Cardano (ADA) Price Rebound: Key Support Level Holding Strong, Bullish Momentum on the Horizon
2025-02-02 17:00:57
Altseason Approaches: RXS, ADA, BGB, SUI, and Even FARTCOIN Gear Up for a Major Surge
2025-02-02 17:00:57
Remittix (RTX) Is Poised to Offer 100x Returns While SUI and Cardano Fight for Supremacy
2025-02-02 17:00:57

Related knowledge

What is the purpose of collecting usdt at a high price?

Jan 24,2025 at 01:12pm

Key Points of the Article:Understanding the motivations behind USDT accumulation at a premiumExploring the potential consequences and risks of this strategyAnalyzing the long-term viability and sustainability of USDT accumulationIdentifying alternative approaches to USDT acquisitionUnderstanding the Purpose of USDT Accumulation at a High PriceMarket Man...

Can btc be converted to usdt before it can be sold?

Jan 28,2025 at 07:12am

Can BTC be Converted to USDT Before It Can Be Sold?Key Points:Understand the nature of BTC and USDT.Explore the conversion process from BTC to USDT with different platforms.Examine the potential advantages and drawbacks of converting BTC to USDT before selling.What are BTC and USDT?BTC (Bitcoin): A decentralized, peer-to-peer digital currency with limit...

Time limit for redemption of USDT by TEDA Company

Jan 24,2025 at 10:01pm

Time Limit for Redemption of USDT by TEDA CompanyKey Points:TEDA Company's USDT redemption time limitImplications of the time limitSteps to redeem USDT within the time limitFAQs on USDT redemption by TEDA CompanyTime Limit for USDT Redemption by TEDA CompanyTEDA Company, a major cryptocurrency exchange in China, has imposed a time limit on the redemptio...

Will USDT fall after the virtual currency surges?

Jan 30,2025 at 05:54am

Key PointsUnderstanding Tether's Stability and the Factors Influencing itAnalyzing Crypto Market Dynamics and their Impact on USDT PriceAssessing the Role of Market Sentiment in USDT's PerformanceExamining Regulations and Legal Considerations Affecting USDTExploring Potential Risks and Mitigating StrategiesWill USDT Fall after the Virtual Currency Surge...

Withdraw USDT from Ouyi

Jan 24,2025 at 01:31pm

How to Withdraw USDT from OuyiKey Points:Log into your Ouyi account.Navigate to the "Assets" tab.Select "USDT" from the list of currencies.Click "Withdraw."Enter the recipient's wallet address.Enter the amount of USDT you wish to withdraw.Select the withdrawal network (e.g., TRC-20, ERC-20).Review the withdrawal details and confirm the transaction.Step-...

trx withdrawal usdt

Jan 25,2025 at 05:30pm

TRX Withdrawal USDT: A Comprehensive Guide to Withdrawing TRX from USDT Accounts on Popular Cryptocurrency ExchangesKey PointsA step-by-step guide to withdrawing TRX from USDT accounts on leading cryptocurrency exchanges.Insights into choosing the best exchange for TRX withdrawal to optimize fees and security.Security measures and best practices for pro...