How To Keep A Track of Market Cap On The BlockBanc App

As you ought to know by now, market cap is used to identify the value of a cryptocurrency and compare it accurately against other cryptos. 

In the world of cryptocurrency, market cap or market capitalization is a measure of crypto security. It is typically defined as the total circulating supply of tokens multiplied by the current price. 

Market capitalization is an indicator of the amount of risk involved in crypto investment. Large cap cryptocurrencies present less risk but limit the growth potential substantially. Small cap cryptocurrencies inherently present more risk but have huge growth potential yielding tremendous rewards to early investors when they succeed. Read more

The Importance Of Market Cap In Cryptocurrency – An Investor’s Guide

Cryptocurrency Market Cap or Cryptocurrency Market Capitalization is a useful metric used to understand the real value of a cryptocurrency. This metric indicates the size and market value of a circulating cryptocurrency.

The market capitalization of a cryptocurrency can be represented by this simple equation:

Price of each coin * Circulating supply (total number of coins in the market) = crypto market cap

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