Cryptocurrency Q&A
What is market capitalization worth?
What is market capitalization worth?
Enrico
Fri Nov 08 2024
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6
answers
1281
I'm trying to understand the concept of market capitalization and its significance. Specifically, I want to know what the value of market capitalization represents and how it's calculated.
6 answers
GangnamGlamour
Sun Nov 10 2024
Market capitalization serves as a metric to evaluate the size of a company.
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BlockchainBrawler
Sun Nov 10 2024
To convert the values of other currencies into USD, exchange rates from the chosen day are utilized.
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Chiara
Sun Nov 10 2024
It is derived by multiplying the price of a company's shares on a particular day by the total number of shares issued on that same day.
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CryptoPioneer
Sun Nov 10 2024
This calculation provides insight into the overall value of the company in the market.
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Isabella
Sun Nov 10 2024
The result of this multiplication is expressed in millions of US dollars.
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