Market Capitalisation
Share price multiplied by the number of shares outstanding — or, for a cryptocurrency, price multiplied by circulating supply. It measures the total market value of what exists.
Also called market cap · market capitalization · mcap
Share price multiplied by the number of shares outstanding — or, for a cryptocurrency, price multiplied by circulating supply. It measures the total market value of what exists.
Why it matters
It is not the amount of money invested, and for tokens with a small float it can be a large number resting on very little trading.
Related terms
- Circulating Supply
- Free Float
- Fully Diluted Valuation
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