🚨 Time is Running Out: Reserve Your Spot in the Lucky Draw & Claim Rewards! START NOW
Learn to gain real rewards

Learn to gain real rewards

Collect Bits, boost your Degree and gain actual rewards!

New
Video Courses
Video Courses
Deprecated
Scale your career with online video courses. Dive into your learning adventure!
Crypto Terms:  Letter M
Jul 07, 2023 |
updated: Apr 18, 2024

What is Market Capitalization/Market Cap/MCAP?

Market Capitalization/Market Cap/MCAP Meaning:
Market Capitalization/Market Cap/MCAP - the total market value of a cryptocurrency.
easy
1 minute

Let's find out Market Capitalization/Market Cap/MCAP meaning, definition in crypto, what is Market Capitalization/Market Cap/MCAP, and all other detailed facts.

Market capitalization, market cap, or MCAP (mostly referred to as a market cap) is the total market value of a cryptocurrency. It's frequently used as a barometer of a cryptocurrency's popularity and demand.

BitDegree Market Cap Tracker, which calculates the average of prices from multiple exchanges, can be used to determine market cap. Overall, the market capitalization of a coin is calculated by multiplying its price by the total number of coins in circulation. This means that, just like the price of cryptocurrencies, market cap can be extremely unpredictable and change every hour.

Note that large cap cryptocurrencies (greater than $10 billion) are considered to be safer investments than the ones that have a smaller cap, even though they are still pretty unpredictable.