Could you please clarify what the
market capitalization, often abbreviated as "market cap," is for Premia? Market cap is a crucial metric in the world of cryptocurrency and finance, as it represents the total value of all the tokens or coins in circulation. It's calculated by multiplying the current price of the token or coin by the total number of units available in the market. So, for Premia specifically, what is the current market cap, and how does it compare to other similar cryptocurrencies or assets in the market?
5 answers
Tommaso
Mon Sep 02 2024
Market capitalization, a crucial metric in assessing a cryptocurrency's worth, is calculated by multiplying the token's current price by its circulating supply.
TeaCeremony
Mon Sep 02 2024
In the case of PREMIA, the circulating supply of tokens stands at 40 million, all of which are tradable on the market today.
KiteFlyer
Mon Sep 02 2024
This combination of token price and circulating supply results in a
market cap of $10,143,904, reflecting the total value of PREMIA tokens in circulation.
OliviaTaylor
Mon Sep 02 2024
The current
market capitalization of Premia (PREMIA) stands at $10,143,904, marking its presence as a notable player in the cryptocurrency sphere.
SamuraiWarriorSoul
Mon Sep 02 2024
PREMIA's ranking on CoinGecko, a reputable platform for cryptocurrency analytics, is #1357, indicating its position amidst a vast array of digital assets.