Market Capitalization/Market Cap/MCAP
What Is Market Capitalization/Market Cap/MCAP?
Often dubbed market cap, this illustrates the collective value of a cryptocurrency when all of the coins are added together.
It is often used as a benchmark of the popularity and desirability of certain cryptocurrencies.
Market cap is calculated by multiplying a single coin's price by the number of coins in circulation.
Large-cap cryptocurrencies that boast a market cap of greater than $10 billion are considered to be safer cryptocurrency investments. This is not to say that they are not volatile.
Some say large-cap cryptocurrencies can even hold some safe haven status, but critics disagree with this.