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Market capitalization meaning in cryptocurrency

Market capitalization meaning in cryptocurrency

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Still, no one knows the by many, as it indicates is through a process known.

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CoinMarketCap Tutorial - How To Use CoinMarketCap Like A Pro
Market Cap is a shortened term for Market Capitalization, which in cryptocurrency is calculated by multiplying the current coin price of a certain crypto. A cryptocurrency market cap, short for market capitalization, is that cryptocurrency's total value. It's calculated by multiplying the current price of the. Here, market capitalization is calculated by multiplying an altcoin's price by the maximum number of coins that could ever exist. (This can be difficult to do.

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Within the blockchain industry, the term market capitalization or market cap refers to a metric that measures the relative size of a cryptocurrency. Investopedia does not include all offers available in the marketplace. But in actual fact, BCH has a crypto market cap that's a third smaller. When evaluating the vast array of cryptocurrencies out there, you should rely on its market capitalization rather than the price of each coin. Others have a much greater number of coins here's looking at you XRP , with a supply of 1 billion.