How to calculate Market Cap ?
crypto market capitalization (also known as market cap) refers to the total value of all the coins or tokens in circulation. It is calculated by multiplying the current price of a cryptocurrency by its circulating supply. For example,
Bitcoin.
The current price of Bitcoin is 31,000.
The circulating supply is 21 million
So market capitalization would be
31,000 price × 21million supply
= $651 billions.
The market cap is symbol of strength, dominance and size of any Crypto currency and investors always looks into it before any investment. It is also a visibility scale of project which present the power and energy in the currency.
crypto market capitalization (also known as market cap) refers to the total value of all the coins or tokens in circulation. It is calculated by multiplying the current price of a cryptocurrency by its circulating supply. For example,
Bitcoin.
The current price of Bitcoin is 31,000.
The circulating supply is 21 million
So market capitalization would be
31,000 price × 21million supply
= $651 billions.
The market cap is symbol of strength, dominance and size of any Crypto currency and investors always looks into it before any investment. It is also a visibility scale of project which present the power and energy in the currency.