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What is the total market cap of all cryptocurrencies?

The total Market Cap is basically the total amount of value invested in all cryptocurrencies. Gauging the amount of value of all cryptocurrencies is a hard thing to do, but the Market Cap formula is one easy way to accomplish this. Cryptocurrency Market Capitalization is calculated by multiplying the Price by the Circulating Supply.

Why is market cap important for crypto's?

The token's market cap highlights the stability of an asset in the long term. While crypto is undeniably volatile, cryptocurrencies with a large market cap usually indicate that investments are more stable, as smaller caps crypto are more susceptible to the overall market sentiment.

Can you compare cryptocurrencies by market cap?

One way investors can evaluate different coins and tokens in the cryptocurrency world is by looking at market cap, which can give a sense of the size and popularity. On the SoFi Invest, investors can trade cryptocurrencies like Bitcoin, Ethereum, Cardano, Uniswap and Chainlink 24/7: weekends, holidays, middle of the night.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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