What is a market cap & how is it calculated?

The market cap is an indicator of the dominance and popularity of cryptocurrencies. It is calculated by multiplying the current market price of a particular coin or token with the total number of coins in circulation.

What is cryptocurrency market cap calculator?

CoinCalc's Cryptocurrency Market Cap Calculator is a tool made specifically to streamline the process. How does CoinCalc calculate potential prices? CoinCalc allows users to compare the Market Caps of two cryptocurrencies, giving them a potential price for a specific cryptocurrency after the calculation. For example,

How does coincalc calculate price?

CoinCalc uses the following formula to calculate Coin A’s price with Coin B’s market cap: Market Cap of Coin B / Circulating Supply of Coin A = New Price of Coin A Coin A would have a new price of $10 with Coin B’s market cap, 10 times higher than the price it had under a $50,000,000 market cap.

How is CoinMarketCap data processed?

All data is run through several data cleaning and verification algorithms to ensure data integrity. The price for each individual market pair is calculated by taking the unconverted price reported directly from the exchange and converting it to USD using CoinMarketCap’s existing reference prices.