Cryptocurrencies with a low market capitalization are often characterized by their value being below $1 billion.
Was this helpful?
263
86
MartinaFri Jul 05 2024
These coins, in contrast to their larger counterparts, possess a significantly smaller market presence.
Was this helpful?
310
29
RiccardoFri Jul 05 2024
Market capitalization, a crucial metric in assessing the size and stability of a cryptocurrency, is determined by multiplying the total number of shares or tokens by their respective value per unit.
Was this helpful?
135
77
mia_harrison_painterFri Jul 05 2024
This calculation provides a snapshot of the overall value of a given cryptocurrency in the market.
Was this helpful?
361
97
LeonardoThu Jul 04 2024
In general, it is observed that the larger the market capitalization of a cryptocurrency, the more stable it tends to be.