What is Market Capitalization/Market Cap/MCAP?
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.