What is the total market cap of all cryptocurrencies?

The total Market Cap is basically the total amount of value invested in all cryptocurrencies. Gauging the amount of value of all cryptocurrencies is a hard thing to do, but the Market Cap formula is one easy way to accomplish this. Cryptocurrency Market Capitalization is calculated by multiplying the Price by the Circulating Supply.

Why is market cap important for crypto's?

The token's market cap highlights the stability of an asset in the long term. While crypto is undeniably volatile, cryptocurrencies with a large market cap usually indicate that investments are more stable, as smaller caps crypto are more susceptible to the overall market sentiment.

Can you compare cryptocurrencies by market cap?

One way investors can evaluate different coins and tokens in the cryptocurrency world is by looking at market cap, which can give a sense of the size and popularity. On the SoFi Invest, investors can trade cryptocurrencies like Bitcoin, Ethereum, Cardano, Uniswap and Chainlink 24/7: weekends, holidays, middle of the night.