What is Market Capitalization?

What is Market Capitalization?

Market capitalization (market cap) is the total value of all the cryptocurrency tokens or coins that are in circulation. It is calculated by multiplying the current market price of a token or coin by the total number of tokens or coins in circulation. Market capitalization is an important indicator of the popularity and adoption of a particular cryptocurrency. Generally, cryptocurrencies with high market caps are considered more stable and less volatile.

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