For a cryptocurrency like Bitcoin, market capitalization (or market cap) is the total value of all the coins that have been mined. It’s calculated by multiplying the number of coins in circulation by the current market price of a single coin.
What is CoinMarketCap?
CoinMarketCap is a website / platform to get an overview of the cryptocurrency market capitalizations. coinmarketcap.com isn’t an exchange or trading platform. It is just a tool and resource website that provides data on Cryptocurrency price, supply, trading volume, exchange platforms and many other information regarding digital assets.
What is followed by market cap?
Followed by market cap is price, 24 hour volume and circulating supply. Price is the current value of a coin or a token. It simply shows how much a coin or token is worth. Volume is the total worth of amount that has been traded over the past 24 hours.
What is market capitalization (market cap)?
What is Market Capitalization. Market capitalization refers to the total dollar market value of a company's outstanding shares. Commonly referred to as "market cap," it is calculated by multiplying a company's shares outstanding by the current market price of one share.
