• 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.

Other articles

Battle Pawss Review: NFT rewards, seasonal trials, and Web3 gaming ecosystem

chest

Battle Pawss is a Web3 battle-pass game by Mars Cats Voyage with NFT rewards, seasonal trials, and a vibrant community — a prime example of blockchain in gaming.

user avatarElena Ryabokon

MyShell.AI: Decentralized AI Platform, Agents and $SHELL Token Economy

chest

Detailed overview of MyShell.AI: concept, open-source AI models, $SHELL tokenomics, Build-Share-Earn ecosystem, partnerships and prospects at the intersection of AI and Web3.

user avatarAlexandra Smirnova

CZRUNZ — review of the blockchain game with NFT, tokens and Web2.5 gameplay

chest

CZRUNZ blockchain game: a Web2.5 endless runner with NFT integration, token economy and Play-to-Earn mechanics on BNB Chain and Matchain.

user avatarElena Ryabokon

Loot Survivor: Web3 roguelike with NFT economy and DAO governance

chest

Loot Survivor is a blockchain roguelike on StarkNet. NFT-based economy, procedural worlds, and DAO governance create a unique Web3 gaming experience.

user avatarElena Ryabokon

Satflow: Bitcoin platform with zero fees and anti-sniping protection for Ordinals and Runes

chest

Satflow is a professional Bitcoin trading platform offering zero-fee DEX, real-time mempool data through Memflow, and advanced protection against sniping for Ordinals and Runes traders.

user avatarAlexandra Smirnova

RocketRushTon Review — a TON-based crash game with Telegram integration and GameFi prospects

chest

Discover how RocketRushTon blends crash-game excitement, TON blockchain, and Telegram format. Rules, fairness, development roadmap, and GameFi role.

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.