Market capitalization is a coin's current price multiplied by its circulating supply — a rough measure of its total size. It is used to rank coins and to gauge how much capital would be needed to move one. A low price does not mean 'cheap': a coin with a huge supply can have a large market cap.
This term belongs to Market data & derivatives. See how it fits the bigger picture in Foundation, part of the free DEGEN ACADEMY — or watch it play out on the live terminal.
FAQ
What is Market capitalization?
Market capitalization is a coin's current price multiplied by its circulating supply — a rough measure of its total size. It is used to rank coins and to gauge how much capital would be needed to move one. A low price does not mean 'cheap': a coin with a huge supply can have a large market cap.