Question

What is market capitalization in cryptocurrency?

Answer 1

Market capitalization in cryptocurrency refers to the total value of all coins or tokens in circulation in a particular cryptocurrency market. It is calculated by multiplying the current price of a single coin or token by the total number of coins or tokens in circulation. Market capitalization is used to gauge the relative size and importance of a cryptocurrency in the overall market.

Answer 2

Market capitalization in cryptocurrency refers to the total value of a cryptocurrency in circulation, calculated by multiplying the current price of the cryptocurrency by the total number of coins or tokens in circulation. It is a commonly used metric to determine the size and relative value of a cryptocurrency compared to others in the market.