• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
What is cryptocurrency capitalization

What is cryptocurrency capitalization

user avatar

by Alexandra Smirnova

2 years ago


Cryptocurrency capitalization, also known as market capitalization or market cap, is a measure of the total value of a cryptocurrency in circulation. It is calculated by multiplying the current market price of a cryptocurrency by the total number of coins or tokens that are in circulation.

For example, if a cryptocurrency has a market price of $100 and there are 10 million coins in circulation, then its market capitalization would be $1 billion.

The total market capitalization of cryptocurrencies is constantly changing and can be quite volatile. Bitcoin was the largest cryptocurrency by market capitalization, accounting for over 40% of the total market cap at that time. Other major cryptocurrencies like Ethereum, Binance Coin, Cardano, and Dogecoin also had significant market capitalizations.

However, it's important to note that the market capitalization of cryptocurrencies can change rapidly due to a variety of factors, including market sentiment, regulatory developments, and technological advancements. 

Cryptocurrency capitalization is an important metric for investors and traders because it gives an idea of the size of a particular cryptocurrency market, and how it compares to other cryptocurrencies. It can also be used to compare the value of a cryptocurrency with traditional assets like stocks and bonds.

Market capitalization can fluctuate based on changes in the market price of a cryptocurrency and changes in the total number of coins or tokens in circulation. If the market price of a cryptocurrency goes up while the total number of coins in circulation remains the same, then the market capitalization will increase. Conversely, if the market price goes down while the total number of coins in circulation remains the same, then the market capitalization will decrease.

It is important to note that market capitalization does not necessarily reflect the true value or potential of a cryptocurrency, as market sentiment and speculative trading can heavily influence the market price and market capitalization. As with any investment, it is important to do your own research and analysis before making any investment decisions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

Making Money from Football: A Review of the Lazy Football Blockchain Game and Its Features

chest

The gaming industry is changing with the introduction of the play-to-earn model. Lazy Football is an innovative blockchain-based football simulator that turns in-game achievements into real income through NFT footballers and the LAZY cryptocurrency.

user avatarMax Nevskyi

Omega Review: A Modular Cross-Chain Platform for Yield Optimization and DeFi Management

chest

A detailed review of Omega — a next-gen cross-chain DeFi platform that unifies liquidity, simplifies yield strategies, and offers a modular approach to decentralized asset management.

user avatarElena Ryabokon

YogaPetz Review: How the Project Blends Wellness, NFTs and the Wellness-to-Earn Model

chest

A detailed review of YogaPetz — a Web3 ecosystem merging wellness practices, NFTs and wellness-to-earn rewards. Explore its mechanics, tokens, community features and long-term potential.

user avatarElena Ryabokon

IntentX - Trade derivatives in DeFi with institutional liquidity

chest

Amid rapid DeFi growth, IntentX offers an innovative derivatives trading solution—not just an exchange, but an infrastructure platform merging traditional market power with blockchain benefits.

user avatarMax Nevskyi

FuzzLand Review: How the Platform Redefines Security Standards for DeFi and Smart Contracts

chest

A detailed overview of FuzzLand — an automated Web3 security platform combining fuzzing, formal verification, and 24/7 on-chain monitoring to protect DeFi protocols and smart contracts.

user avatarElena Ryabokon

Comprehensive Review of Fordefi: MPC Security, Institutional Custody, and Advanced Access to DeFi

chest

In-depth review of Fordefi: an institutional MPC wallet offering secure Web3 access, advanced governance policies, and reliable infrastructure for managing digital assets and DeFi operations.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.