Total capitalization of a cryptocurrency’s price. It is one of the ways to rank the relative size of a cryptocurrency. *see Circulating Supply.
Market capitalization is a key metric used to measure a cryptocurrency’s size and value and is used by investors to gauge the attractiveness of a particular coin or token. It is also a useful tool for comparing different cryptocurrencies and determining which ones are the most valuable.
Market capitalization is important in crypto because it gives investors an indication of how much the entire market is worth. It is also used to measure the liquidity and overall value of a cryptocurrency. By tracking market capitalization, investors can ascertain whether or not a cryptocurrency is undervalued or overvalued, and determine whether or not investing in it is a wise decision. In addition, market capitalization is used to compare the relative sizes of different cryptocurrencies.