Market Cap

Market Cap in the realm of cryptocurrency refers to the total value of a digital asset or cryptocurrency. It is calculated by multiplying the current market price of a coin or token by the total number of coins or tokens in circulation. This metric offers a snapshot of a cryptocurrency’s size and worth in the market, indicating its relative dominance and perceived value among other cryptocurrencies. Market Cap helps investors gauge the overall size and potential growth of a cryptocurrency, influencing investment decisions and market analysis within the dynamic and rapidly evolving landscape of digital assets.

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