How to calculate Market Cap? In the world of crypto market capitalization (also known as market cap) refers to the total value of all the coins or tokens in circulation. It is calculated by multiplying the current price of a cryptocurrency by its circulating supply. For example, Bitcoin Cash ( BCH). The current price of BCH is $144. The circulating supply is 21 million So market capitalization would be 144.0 price × 21million supply = $3.03 Billions. Why market cap? Market capitalization is often used as a measure of the size or importance of a cryptocurrency and is an important factor in determining its position in the overall cryptocurrency market. Higher market capitalization generally indicates a more established and widely recognized cryptocurrency, while lower market capitalization may indicate a newer or lesser-known cryptocurrency Top 10 currency by market cap.
Data is for 20th June , because market cap varies with price. Bitcoin (BTC): 24,515,413,373 Ethereum (ETH): 1,177,543,592 Tether (USDT): 68,051,509,648 Binance Coin (BNB): 63,821,034,524 Cardano (ADA): 15,230,306,913 Solana (SOL): 11,823,160,909 XRP (XRP): 7,124,720,821 Polkadot (DOT): 6,922,427,105 Dogecoin (DOGE): 772,921,009 Uniswap (UNI): 6,329,270,759 Bitcoin cash (BCH): 3,028,457,768 Top Crypto with Circulation supply. Bitcoin (BTC): 21,000,000 BTC Ethereum (ETH): 124,900,000 ETH Tether (USDT): 68,051,509,648 USDT Binance Coin (BNB): 192,532,200 BNB Cardano (ADA): 32,032,750 ADA Bitcoin cash ( BCH) :21,000,000 BCH The market cap is symbol of strength, dominance and size of any Crypto currency and investors always looks into it before any investment. It is also a visibility scale of project which present the power and energy in the currency. Note: The article published on publish0x as well . https://www.publish0x.com/crypto-remittance-future/how-to-calculate-market-cap-xrgddjq Like upvote and leave comment for feedback. Cheers, Amjad Lead image: Pixabay ( modified) https://pixabay.com/ja/photos/%E9%A3%9F%E7%89%A9-%E6%96%B0%E9%AE%AE%E3%81%AA-%E3%83%95%E3%83%AB%E3%83%BC%E3%83%84-%E5%81%A5%E5%BA%B7-1239231/
It was showing $143 in binance, I'm not holding big sum of BCH but I want to see it pumping.
In your opinion how long this bull run will be???
It can hit $200 soon.
Yes, i hope so too
BCH is doing well this week
This is very helpful to gain more ideas about calculating market cap. Thank you for sharing this.