I've been wanting to write about this for a while, and finally have some time to do it.
Market capitalization is generally calculated by multiplying the latest price by the circulating supply. It's the most common metric for comparing the size of cryptocurrencies.
Market cap is a figure derived by multiplying the price by the circulating supply; it doesn't mean that much actual money has been invested. If trading is quiet, even a small amount of money can push the market cap up significantly.
Related coin: $BTC . Current price: 77982, 24h: +0.061%.
If you find this useful, save it so you can look it up later.
Market capitalization is generally calculated by multiplying the latest price by the circulating supply. It's the most common metric for comparing the size of cryptocurrencies.
Market cap is a figure derived by multiplying the price by the circulating supply; it doesn't mean that much actual money has been invested. If trading is quiet, even a small amount of money can push the market cap up significantly.
Related coin: $BTC . Current price: 77982, 24h: +0.061%.
If you find this useful, save it so you can look it up later.