What is a crypto market cap & how does it work?

It applies to crypto traders too — if you agree, we've prepared a chart that will let you see the whole crypto market from a bird's-eye view. It shows total crypto market cap, which is calculated by TradingView by adding up top 125 coins market caps, which, in their turn, are the number of coins times their current price.

What is the market cap of bread (BRD)?

Market capitalization of Bread (BRD) is $374,170 and is ranked #2603 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BRD tokens (86 Million tokens are tradable on the market today). How does the price performance of Bread compare against its peers?

How does market capitalization affect cryptocurrencies?

Market capitalization is used to determine the ranking of cryptocurrencies. The higher the market cap of a particular crypto coin, the higher its ranking and share of the market. Crypto market cap is calculated by multiplying the total number of coins in circulation by its current price.

How does CoinMarketCap rank cryptoassets?

In fact, CoinMarketCap first popularized looking at a coin’s market cap for ranking cryptoassets way back when. Figuring out a crypto market cap is easy. All you need to do is multiply a coin's current price by the total number in circulation. Let's imagine that an altcoin is currently worth $100, and it has a circulating supply of 25 million.