What is CoinMarketCap and how does it work?

With cryptocurrency market cap rankings, price charts, 24-hour trade volume and many other features, CoinMarketCap is one of the most popular resources for digital currency enthusiasts.

What is market cap in crypto?

Market capitalization (or market cap) is the total dollar value of all the shares of a company’s stock — or, in the case of Bitcoin or another cryptocurrency, of all the coins that have been mined. In crypto, market cap is calculated by multiplying the total number of coins that have been mined by the price of a single coin at any given time.

What is the difference between mid-cap and small-cap cryptocurrencies?

Mid-cap cryptocurrencies have market caps between $1 billion and $10 billion – they generally are considered to have more untapped potential upside but also higher risk. Small-cap cryptocurrencies have a market cap of less than $1 billion and are most susceptible to dramatic swings based on market sentiment.

What is the market cap of two fictional cryptocurrencies?

To demonstrate, let’s compare the market cap of two fictional cryptocurrencies. If Cryptocurrency A has 400,000 coins in circulation and each coin is worth $1, it’s market cap is $400,000. If Cryptocurrency B has 100,000 coins in circulation and each coin is worth $2, it’s market cap is $200,000.