Cryptocurrency Q&A What are cap coins?

What are cap coins?

MatthewThomas MatthewThomas Thu Nov 07 2024 | 5 answers 1370
I recently encountered the term 'cap coins' and I'm not sure what it means. Are these a specific type of coins? Do they have a special purpose or value? I'd like to understand more about cap coins. What are cap coins?

5 answers

CryptoNinja CryptoNinja Sat Nov 09 2024
For instance, if a million Bitcoin are in circulation, and each costs $30,000, the market cap would be $30 billion.

Was this helpful?

245
56
CryptoMagician CryptoMagician Sat Nov 09 2024
Cryptocurrency Bitcoin possesses a metric known as market capitalization.

Was this helpful?

256
20
MysterylitRapture MysterylitRapture Sat Nov 09 2024
Market capitalization, often abbreviated as market cap, signifies the total worth of a cryptocurrency.

Was this helpful?

188
22
HanjiArtistryCraftsmanship HanjiArtistryCraftsmanship Sat Nov 09 2024
To derive this figure, one multiplies the number of coins currently in circulation by the prevailing market price of a single unit.

Was this helpful?

382
55
Davide Davide Fri Nov 08 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services related to digital currencies. These include spot trading, futures trading, and digital wallet management.

Was this helpful?

299
45

Related questions

  1. What are cap coins?

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts