#BinanceAcademy
Market Cap in crypto represents the total value of a cryptocurrency in circulation. It's calculated by multiplying the current price per coin by the circulating supply of that coin.
Formula:
Market Cap = Circulating Supply × Current Price
Example:
Circulating Supply: 1,000,000 coins
Current Price: $50 per coin
Market Cap = 1,000,000 × $50 = $50,000,000
This means the total market value of the cryptocurrency is $50 million. Market cap helps investors gauge the size and stability of a crypto asset.
Now calculate for following