What is Market Cap in Crypto & Why It Matters for Investors?
Market capitalization is an important concept and metric in the crypto world that reflects the total value of a specific digital asset. This concept is critically important for investors looking at the fundamentals of a cryptocurrency or to compare one coin to another.
Because of the incredible amount of speculation and potential volatility involved in cryptocurrencies, getting a clear understanding of a crypto coin’s market capitalization can help gauge risk as well as identify growth potential. No matter what coins you’re looking into, market cap can give you priceless insight into their current standing and future prospects.
What is Market Cap in Crypto?
In crypto, a coin’s market cap is the total value of capital invested in that…
