• 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

3 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

Clickfight: A clicker game with PvP elements and a blockchain-based economy

chest

Clickfight is not just a clicker. It's a multiplayer PvP battle, a deep economy, and a blockchain. Simple mouse clicks turn into a strategic competition, where every hit brings you closer to defeating a real opponent.

user avatarMax Nevskyi

Convergence RFQ: How RFQ Mechanics Are Redefining OTC and Institutional Trading in DeFi

chest

A detailed overview of Convergence RFQ, a decentralized RFQ protocol designed for institutional DeFi trading, OTC transactions, and efficient execution of large on-chain orders.

user avatarElena Ryabokon

Cicada Partners: How Institutional Risk Management Is Transforming DeFi and Asset Tokenization

chest

In-depth overview of Cicada Partners, a blockchain project combining institutional risk management, DeFi, and real-world asset tokenization to deliver sustainable financial solutions.

user avatarElena Ryabokon

Aevo: Exploring the possibilities of DEX with advanced products

chest

The Aevo platform offers traders a comprehensive solution in the DeFi world, combining options, futures, and strategy trading. Its special architecture ensures high-speed operations without compromising blockchain reliability.

user avatarMax Nevskyi

Fairblock Network Explained: Conditional Privacy Infrastructure for Blockchain Appl

chest

Fairblock Network is a Web3 infrastructure project enabling programmable privacy, conditional decryption, and secure data handling for DeFi, DAO governance, and blockchain applications.

user avatarElena Ryabokon

Zed Run Game Review: How Competitive NFT Horse Racing Works in Web3

chest

Zed Run is a blockchain-based horse racing game featuring NFT ownership, breeding strategy, and a competitive economy focused on long-term value.

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.