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In our crypto guides, we explore bitcoin and other popular coins and tokens to help you better navigate the crypto jungle.
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MCAP is an acronym for Market Capitalization, or Market Cap.
The formula for calculating a cryptocurrency’s market capitalization is:
MARKET CAPITALIZATION = CIRCULATING SUPPLY x ASSET MARKET PRICE
See Market Capitalization (Market Cap) for more info.
Market Capitalization (Market Cap) is a total dollar value given to an asset (like Bitcoin), or an entire asset class (all cryptocurrencies), calculated by taking that asset’s circulating supply and multiplying it by the market price of that asset.
Circulating Supply refers to the number of coins or tokens of a specific cryptocurrency that are publicly available to buy or sell. If you can trade them, they are considered circulating. Circulating supply shouldn’t be confused with Total Supply or Max Supply.
Te point in time when Bitcoin (BTC) loses its throne atop the cryptocurrency mountain of market capitalization and hands the reins to Ethereum (ETH). Nobody knows when this will happen or if it will ever happen.
Shiba Inu (SHIB) is an ERC-20 token built on Ethereum that’s reported to be 100% run by its community. “The Dogecoin killer” is the second most famous altcoin and meme coin behind Dogecoin, even though it has a faithful army of 500,000 members called the SHIB Army promoting it on social media.
Total Supply refers to the total amount of coins or tokens of a specific cryptocurrency that have been created or mined, that are in circulation, including those that are locked or reserved. Coins that have been burned or destroyed should be subtracted from the total supply amount.
When life gives you lemons, make lemonade.Origin Unknown