What is crypto market cap?

Crypto market cap is the total value of all the coins of a particular cryptocurrency that have been mined or are in circulation. Market capitalization is used to determine the ranking of cryptocurrencies. The higher the market cap of a particular crypto coin, the higher its ranking and share of the market.

How does market capitalization affect cryptocurrencies?

Market capitalization is used to determine the ranking of cryptocurrencies. The higher the market cap of a particular crypto coin, the higher its ranking and share of the market. Crypto market cap is calculated by multiplying the total number of coins in circulation by its current price.

How does CoinMarketCap rank cryptoassets?

In fact, CoinMarketCap first popularized looking at a coin’s market cap for ranking cryptoassets way back when. Figuring out a crypto market cap is easy. All you need to do is multiply a coin's current price by the total number in circulation. Let's imagine that an altcoin is currently worth $100, and it has a circulating supply of 25 million.

What is the market cap of two fictional cryptocurrencies?

To demonstrate, let’s compare the market cap of two fictional cryptocurrencies. If Cryptocurrency A has 400,000 coins in circulation and each coin is worth $1, it’s market cap is $400,000. If Cryptocurrency B has 100,000 coins in circulation and each coin is worth $2, it’s market cap is $200,000.