← Glossary
Market Cap
The total value of a coin: price multiplied by circulating supply.
Market capitalisation (market cap) is a coin's price multiplied by how many coins are in circulation. It's a quick gauge of a project's overall size and is often a better comparison than price alone.
A "cheap" coin at $0.01 with a billion in supply can be worth far more in total than a $50,000 coin with tiny supply.