Cryptocurrency Q&A What is the market cap in crypto?

What is the market cap in crypto?

emma_carter_doctor emma_carter_doctor Tue Dec 24 2024 | 5 answers 1098
I'm interested in understanding the concept of market cap in the context of cryptocurrencies. Could you explain what it means and how it's calculated for this digital asset class? What is the market cap in crypto?

5 answers

noah_smith_researcher noah_smith_researcher Thu Dec 26 2024
The valuation of a cryptocurrency is established through a specific calculation.

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Silvia Silvia Wed Dec 25 2024
This calculation involves multiplying the current price of the cryptocurrency by its circulating supply.

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Daniele Daniele Wed Dec 25 2024
The formula used to determine this is: market Cap = Price * Circulating Supply.

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Federico Federico Wed Dec 25 2024
For those interested in tracking the market cap of various cryptocurrencies, Coinmarketcap stands as the most prominent platform.

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lucas_jackson_pilot lucas_jackson_pilot Wed Dec 25 2024
On Coinmarketcap, users can not only find the market cap of various digital currencies but also gain insights into their popularity.

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