How does CoinMarketCap track 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. CoinMarketCap circa 2013.

Who is CoinMarketCap?

CoinMarketCap was founded in May 2013 by Brandon Chez in Long Island City, Queens, New York. CoinMarketCap circa 2013. As a reminder, we are not a wallet or exchange site. We do not sell or purchase cryptocurrencies. We cannot give advice on which coins/tokens to purchase nor which exchange/markets to purchase from.

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. The higher the market cap of a particular crypto coin, the higher its ranking and share of the market.

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.