What is the global cryptocurrency market cap today?

The global cryptocurrency market cap today is $1.23 Trillion, a 0.8% change in the last 24 hours. Read More ... What is Crypto Market Cap? Crypto market cap is the total value of all the coins of a particular cryptocurrency that have been mined or are in circulation. Market capitalization is used to determine the ranking of cryptocurrencies.

What does market capitalization mean in crypto?

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.

How is crypto market cap calculated?

In crypto, market cap is calculated by multiplying the total number of coins that have been mined by the price of a single coin at any given time. One way to think about market cap is as a rough gauge for how stable an asset is likely to be. (It’s important to note that even Bitcoin, crypto’s biggest market cap, still sees volatility.)

What is the market cap of two fictional cryptocurrencies?

To demonstrate, let’s compare the market cap of two fictional cryptocurrencies. If Cryptocurrency A has 400,000 coins in circulation and each coin is worth $1, it’s market cap is $400,000. If Cryptocurrency B has 100,000 coins in circulation and each coin is worth $2, it’s market cap is $200,000.