largecap

You’ve probably seen that Bitcoin has a market cap of over a billion dollars.
And that a new meme coin barely has a few thousand.
But what does that number really mean?
In this article, I'll break down what market capitalization is and why it matters.
What is market capitalization?
It's the total value of all coins of a cryptocurrency in circulation.
It’s calculated by multiplying the current price by the total number of coins in existence.
Example: Bitcoin price at $60,000.
Circulating supply: 19.5 million coins.