Market Cap
The total value of all coins in circulation. Calculated by multiplying the price by the number of coins that exist.
Example
If a token costs $10 and there are 1 million tokens, the market cap is $10 million. Used to compare project sizes.
Related Terms
Core Concepts
📊Key Numbers
$1T+
Bitcoin
largest crypto
$10B+
Large Cap
established projects
$1-10B
Mid Cap
growing projects
<$1B
Small Cap
higher risk/reward
🔍Common Misconceptions
✗Low price = cheap, room to grow
✓Price alone is meaningless. Market cap shows true size. A $0.001 token can still be overvalued.
✗Market cap = money invested
✓Market cap is theoretical. Selling all tokens would crash the price - you'd never get the full market cap value.