Data & News Websites
What is the Market Cap of Coins?
For a cryptocurrency like Bitcoin, market capitalization (or market cap) is the total value of all the coins that have been mined.
It is calculated by multiplying the number of coins in circulation by the current market price of a single coin.
Ref: Coinbase: https://www.coinbase.com/learn/crypto-basics/what-is-market-cap#:~:text=For%20a%20cryptocurrency%20like%20Bitcoin,price%20of%20a%20single%20coin.
Ref: Binance Academy
Impact of the Network Effect on Market Cap
Ref: Lyn Aldman