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What is the difference between hap and cap in the cryptocurrency market?

avatarA LeeDec 26, 2021 · 3 years ago3 answers

Can you explain the difference between hap and cap in the cryptocurrency market? I've heard these terms being used but I'm not sure what they mean. Are they related to specific cryptocurrencies or are they general concepts in the market?

What is the difference between hap and cap in the cryptocurrency market?
Cryptocurrency
Hap
Cap

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Hap and cap are both terms commonly used in the cryptocurrency market. Hap refers to the total supply of a cryptocurrency, while cap refers to the market capitalization of a cryptocurrency. The hap of a cryptocurrency is the maximum number of coins that will ever be created, which can vary depending on the cryptocurrency. On the other hand, the cap of a cryptocurrency is the total value of all the coins in circulation, which is calculated by multiplying the current price of the coin by the total supply. In simple terms, hap is the maximum number of coins that can exist, while cap is the total value of those coins in the market.
  • avatarDec 26, 2021 · 3 years ago
    Hap and cap are important concepts to understand in the cryptocurrency market. Hap represents the maximum number of coins that will ever be created for a particular cryptocurrency. It is a fixed number that cannot be changed. On the other hand, cap refers to the market capitalization of a cryptocurrency, which is the total value of all the coins in circulation. Cap can change over time as the price of the cryptocurrency fluctuates. Understanding hap and cap can help investors and traders make informed decisions about which cryptocurrencies to invest in and monitor the overall health of the market.
  • avatarDec 26, 2021 · 3 years ago
    Hap and cap are terms commonly used in the cryptocurrency market to describe different aspects of a cryptocurrency's supply and value. Hap refers to the maximum number of coins that will ever be created for a specific cryptocurrency. It is a predetermined limit that cannot be exceeded. Cap, on the other hand, represents the total value of all the coins in circulation for a cryptocurrency. It is calculated by multiplying the current price of the coin by the total supply. Hap and cap are important factors to consider when evaluating the potential growth and stability of a cryptocurrency in the market.

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