• 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

Reality Metaverse: Comprehensive Review of the Blockchain Game, Real-World Tokenization, and Web3 Ecosystem

chest

Reality Metaverse turns real-world locations into NFTs. Learn how its economy, token model, and gaming ecosystem work, including royalties and utility features.

user avatarElena Ryabokon

Predict.fun — How the Blockchain Prediction Platform Works: Features, Advantages, and Future Outlook

chest

Predict.fun is a blockchain-based prediction platform on BNB Chain combining prediction markets with DeFi yield. Learn how it works, what it offers, and its prospects within Web3.

user avatarElena Ryabokon

Voxels — A Decentralized Web3 Metaverse for Creativity, Ownership, and Digital Economy

chest

Voxels is a Web3 metaverse with NFT land, user-built worlds, 3D creation tools, and a growing digital economy. A decentralized platform for creators, collectors, and virtual communities.

user avatarElena Ryabokon

Bitmain Company Overview: From ASIC Chips to Mining Pools

chest

Founded in 2013 in Beijing, Bitmain is a global leader in the blockchain industry. The company is primarily known for its powerful ASIC miners, the Antminer, but it also operates some of the largest mining pools.

user avatarMax Nevskyi

Dynamic: Next-Generation Web3 Platform for Tokenization and Digital Asset Infrastructure

chest

Dynamic is a powerful Web3 platform for tokenization, multichain integrations, and digital asset management, offering flexibility, security, and seamless tools for users, developers, and businesses.

user avatarElena Ryabokon

In-Depth Review of EthosX: Architecture, Features, Use Cases, and Its Role in the Evolving Web3 Ecosystem

chest

EthosX is a versatile Web3 ecosystem that integrates DeFi tools, staking, DAO governance, and modular infrastructure, offering transparent and reliable decentralized solutions for users and projects.

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.