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What Is “Market Capitalization” in Cryptocurrency?

Market capitalization (Market Cap) is the total value of a cryptocurrency. It is calculated by multiplying the current circulating supply of the token by its current market price.

It is used to rank the size and relative value of different cryptocurrencies. A higher market cap generally indicates a more established and liquid asset, though it doesn't guarantee future success.

How Does the Concept of ‘Circulating Supply’ Differ from ‘Total Supply’?
What Is the Difference between Fully Diluted Market Cap and Circulating Market Cap?
What Is the Difference between Market Capitalization and Fully Diluted Valuation?
What Is the Relationship between Circulating Supply and Fully Diluted Valuation (FDV)?