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What is the market cap of cryptocurrency

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What is the Market Cap of Cryptocurrency: Understanding and Benefits

In the ever-evolving world of cryptocurrency, understanding key terms and concepts is essential to navigate this exciting market. One such term is "market cap," which refers to the total value of a cryptocurrency. This article aims to provide a clear and concise overview of what the market cap of cryptocurrency entails, along with its benefits and suitable usage conditions.

I. What is the Market Cap of Cryptocurrency?

  • Definition: Market cap represents the total value of a cryptocurrency, calculated by multiplying the current price per coin/token by the total circulating supply.
  • Market cap is a crucial metric to gauge the size, popularity, and potential growth of a particular cryptocurrency.
  • It provides investors and enthusiasts with a snapshot of a cryptocurrency's overall value in the market.

II. Understanding the Benefits of Market Cap:

  1. Measure of Size:

    • Market cap helps determine the relative size of a cryptocurrency compared to others.
    • It enables investors to assess the overall popularity and adoption of a cryptocurrency.
  2. Investment Assessment:

    • Market cap aids in evaluating the investment potential and risk associated with a cryptocurrency.
    • It helps identify cryptocurrencies with significant growth potential or established stability.
Revenue in the Cryptocurrencies market is projected to reach US$40.7bn in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2028) of 11.98% resulting in a projected total amount of US$71.7bn by 2028. The average revenue per user in the Cryptocurrencies market amounts to US$60.8 in 2023.

How many Bitcoin's are left to mine?

2 million bitcoins Why should you know how many bitcoins exist and how many are left to mine? Limited Supply: Bitcoin has a maximum supply of 21 million coins, and as of March 2023, more than 19 million have been mined. Remaining bitcoins: There are approximately 2 million bitcoins left to be mined.

How do you calculate market cap price in crypto?

It is calculated by multiplying the current price of a cryptocurrency by its circulating supply. For example, Bitcoin. The current price of Bitcoin is 31,000. The circulating supply is 21 million So market capitalization would be 31,000 price × 21million supply = $651 billions.

What is the market cap of ETH?

$275,364,261,644 USD Ethereum analytics The live Ethereum price today is $2,291.19 USD with a 24-hour trading volume of $14,621,386,165 USD. We update our ETH to USD price in real-time. Ethereum is up 0.98% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $275,364,261,644 USD.

Will crypto be big in 2025?

We predict that Bitcoin will jump to an average price of $65,000 in 2024, thanks to the Halving event, and settle more in 2025 with an average of $50,000. By 2030, we predict that Bitcoin could reach a high of $120,000.

How big is blockchain going to be?

The global blockchain technology market size was estimated at USD 4.8 billion in 2022 and is extending to around USD 2,334.46 billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 85.7% during the forecast period 2023 to 2032.

What is the market cap of blockchain?

The global cryptocurrency market cap today is $1.74 Trillion, a +1.50% change in the last 24 hours.

Frequently Asked Questions

How big is the blockchain market by 2030?

The global blockchain technology market size is expected to reach USD 1,235.71 Billion by 2030, according to a new study by Polaris Market Research.

How big is the market for cryptocurrency?

The global cryptocurrency market size was valued at USD 4.67 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 12.5% from 2023 to 2030.

Who owns the most Bitcoin?

Satoshi Nakamoto It's unsurprising that the pseudonymous creator of Bitcoin, Satoshi Nakamoto, remains the largest holder of the cryptocurrency. It's estimated they hold an astonishing fortune of around 1.1 million BTC.

How do I check my crypto Marketcap?

In crypto, market cap is calculated by multiplying the total number of coins that have been mined by the price of a single coin at any given time.

How do I check my crypto market volume?

Select a specific coin that you would like to monitor, and select the exchange that you would like to track trading volume on. Please make sure that the cryptocurrency you're tracking is actively traded on the exchange you select. Next, you'll need to pick a threshold to be alerted, followed by a time window.

Is market cap a good indicator?

Market Cap and Investment Strategy Given its simplicity and effectiveness for risk assessment, the market cap can be a helpful metric in determining which stocks you are interested in, and how to diversify your portfolio with companies of different sizes.

How do I get Marketcap?

It is calculated by multiplying the price of a stock by its total number of outstanding shares. For example, a company with 20 million shares selling at $50 a share would have a market cap of $1 billion. Why is market capitalization such an important concept?

FAQ

How to calculate market capitalization?
Market cap—or market capitalization—refers to the total value of all a company's shares of stock. It is calculated by multiplying the price of a stock by its total number of outstanding shares. For example, a company with 20 million shares selling at $50 a share would have a market cap of $1 billion.
Can you see market cap on Tradingview?
Market capitalization metric is available in the financials on the chart.
How do you calculate the price market cap?
You can calculate a company's market cap by multiplying the total number of outstanding shares by the value-per-share on the stock market. For example, a company with 100 million shares, trading at $5 a share, has a market cap of $500 million.
Where is CoinMarketCap located?
Where is CoinMarketCap's headquarters? CoinMarketCap's headquarters is located at 8 The Green, Dover.
How do you calculate market cap without share price?
Under an alternative approach, we can calculate the market cap by subtracting net debt from the enterprise value of the company. For privately held companies, this particular approach is the only viable method to compute equity value, as these companies do not have a readily available public share price.
How does crypto market cap affect crypto price?
Market cap is the total value of a cryptocurrency calculated by multiplying its current price by the total circulating supply. It affects crypto prices by influencing investor sentiment and perceived value, as higher market cap can indicate higher demand and potential stability.
What is the market cap of ethereum?
$ 273.07B USD Price of ETH today The live price of Ethereum is $ 2,272.14 per (ETH / USD) with a current market cap of $ 273.07B USD. 24-hour trading volume is $ 16.12B USD. ETH to USD price is updated in real-time. Ethereum is +1.12% in the last 24 hours with a circulating supply of 120.18M.

What is the market cap of cryptocurrency

What is the cryptocurrency market in 2023? The year 2023 was reasonably positive for the overall industry with Bitcoin reporting a massive spike of more than 160 percent. Other tokens such as Ethereum, Solana, Dogecoin and Cardano also were in the green, stated the second edition of CoinSwitch report, 'India's Crypto Portfolio 2023'.
Is the crypto market bigger than the stock market? As of 2021, the amount of stocks outstanding globally was estimated to be $106 trillion, while the total size of crypto markets was only $2.6 trillion, a mere 2.5% of the much larger equity, or stock market.
What is the future market cap of crypto? Whether you like it or not, crypto is only getting bigger. Data from Mordor Intelligence predicts the crypto market is expected to reach US$5.03 trillion by 2028, growing at a compound annual growth rate (CAGR) of 30.4% during a forecast period of 2023-2028.
What is market volume in crypto? Volume refers to how much - in monetary terms - a given cryptocurrency has traded over a period of time. Volume is important because it has such a significant impact on price from both an absolute and relative perspective.
What is the most profitable crypto in 2023? The Most Profitable Cryptocurrency to Buy Today
  • Bitcoin – Coin With the Potential to Become one of the Most Profitable Crypto.
  • Ethereum – Smart Contracts Platform that can Become one of the Most Profitable Cryptocurrency To Trade.
  • XRP – Unique Remittance Network with High Upside Potential.
How do you calculate the market cap? Market cap—or market capitalization—refers to the total value of all a company's shares of stock. It is calculated by multiplying the price of a stock by its total number of outstanding shares. For example, a company with 20 million shares selling at $50 a share would have a market cap of $1 billion.
What is Bitcoin's market capitalization? Bitcoin Market Cap is at a current level of 823.24B, down from 836.15B yesterday and up from 322.10B one year ago. This is a change of -1.54% from yesterday and 155.6% from one year ago.
  • What is the market cap of crypto com?
    • $2.57B The current market cap of Crypto.com Coin is $2.57B. A high market cap implies that the asset is highly valued by the market.
  • What is the difference between market value and market cap?
    • Market capitalization is essentially a synonym for the market value of equity. A company's market cap is a single incontrovertible figure because it's the number of outstanding shares multiplied by the price of a share. Market valuations can vary depending on the exact metrics and multiples that an analyst uses.
  • What market cap means?
    • Market cap—or market capitalization—refers to the total value of all a company's shares of stock. It is calculated by multiplying the price of a stock by its total number of outstanding shares. For example, a company with 20 million shares selling at $50 a share would have a market cap of $1 billion.
  • What is CoinMarketCap used for?
    • CoinMarketCap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto discoverable and efficient globally by empowering retail users with unbiased, high quality and accurate information for drawing their own informed conclusions.
  • Why market cap is important?
    • It allows investors to size up a company based on how valuable the public perceives it to be. The higher the value, the "bigger" the company. The size and value of a company can inform the level of risk you might expect when investing in its stock, as well as how much your investment might return over time.
  • Is market cap good or bad?
    • Market cap is often used to determine a company's size, then evaluate the company's financial performance to other companies of various sizes. In investing, companies with larger market capitalization are often safer investments as they represent more established companies with generally longer history in business.