📚What is crypto market capitalization?
The market capitalization of cryptocurrencies is a metric used to determine the relative size and value of a cryptocurrency. You can calculate it by multiplying the current price of a coin by the total number of coins in circulation:
Market capitalization = circulating supply x price
Crypto market capitalization is often used to rank cryptocurrencies. A higher market capitalization indicates that a cryptocurrency is more stable and widely accepted. Conversely, a lower market capitalization is usually a sign of a more volatile or speculative asset.
However, keep in mind that this is just one of many factors to consider when evaluating the potential of a cryptocurrency. Other factors, such as technology, the team, the tokenomics or economy of the tokens and the uses, should also be taken into account when researching.