What is the term "Market Cap" or Market Cap #BinancelaunchpoolHuma #Kriptocutrader #كريبتو #BTC #Ethereum $BTC $ETH $BNB
Today's term: Market Cap (Market Capitalization)
It is a measure used to determine the size and strength of any cryptocurrency.
It is calculated as follows:
Market Capitalization = Number of coins in circulation × Current price of the coin
Example:
If there are 19 million Bitcoins and the price of one is $30,000:
Market Capitalization = 19,000,000 × 30,000 = $570 billion
Why is it important?
Because market capitalization helps you understand the stability and strength of the currency compared to others.