What is the market cap of a cryptocurrency?

It’s similar in cryptocurrency, except cryptos don’t represent equity in a company like stocks. The market cap of a coin is simply what you’d get if you added up every available coin at the current price per coin. Imagine if you cashed out every Bitcoin in existence at the exact same time. That’s the market cap.

What is the market cap of a coin?

In calculating market cap, the industry uses the following formula: Example: If “A Coin” has 300,000 coins in circulation and each coin is worth $2, the market cap for A Coin is $600,000. A rule of thumb--never judge a company’s worth solely based on the price of its individual token. Now, let’s add “B Coin” into the mix.

How does CoinMarketCap track the capitalization of cryptocurrencies?

We tracks capitalization of various cryptocurrencies by listing prices, available supply (amount of coins that is currently in circulation), trade volume over last 24 hours, or market capitalizations. CoinMarketCap was founded in May 2013 by Brandon Chez in Long Island City, Queens, New York.

What is the difference between market capitalization and market cap?

In the stock market, market capitalization refers to the total market value of all outstanding shares of a company. It’s similar in cryptocurrency, except cryptos don’t represent equity in a company like stocks. The market cap of a coin is simply what you’d get if you added up every available coin at the current price per coin.