What Is Market Cap?
- 2 years ago
Article: https://alexandergierczyk.wordpress.com/2022/07/13/what-is-market-cap%ef%bf%bc/
Market cap in cryptocurrency refers to the combined worth of all the coins which have been mined. To get the market cap, you multiply all the coins in the market by the price of one coin. This metric indicates the market value and the specific size of crypto in the market. Market cap gives an estimate of how stable a cryptocurrency is. A cryptocurrency with a greater market cap will perform better in a volatile market.
Market cap in cryptocurrency refers to the combined worth of all the coins which have been mined. To get the market cap, you multiply all the coins in the market by the price of one coin. This metric indicates the market value and the specific size of crypto in the market. Market cap gives an estimate of how stable a cryptocurrency is. A cryptocurrency with a greater market cap will perform better in a volatile market.