Which market cap category do popular cryptocurrencies fall into?
Dave JarvisDec 28, 2021 · 3 years ago3 answers
Can you explain which market cap category popular cryptocurrencies fall into?
3 answers
- Dec 28, 2021 · 3 years agoPopular cryptocurrencies fall into different market cap categories based on their total market value. Market cap is calculated by multiplying the current price of a cryptocurrency by its circulating supply. The three main market cap categories are large-cap, mid-cap, and small-cap. Large-cap cryptocurrencies have the highest market value, usually in the billions of dollars. Mid-cap cryptocurrencies have a market value in the hundreds of millions to billions of dollars. Small-cap cryptocurrencies have a market value in the millions to hundreds of millions of dollars. The market cap category of a cryptocurrency can change over time as its price and circulating supply fluctuate.
- Dec 28, 2021 · 3 years agoWhen it comes to market cap categories, popular cryptocurrencies can be classified into three main categories: large-cap, mid-cap, and small-cap. Large-cap cryptocurrencies are the ones with the highest market value, usually exceeding billions of dollars. Mid-cap cryptocurrencies have a market value ranging from hundreds of millions to billions of dollars. Small-cap cryptocurrencies, on the other hand, have a market value in the range of millions to hundreds of millions of dollars. It's important to note that the market cap category of a cryptocurrency can change over time as its popularity and market value fluctuate.
- Dec 28, 2021 · 3 years agoPopular cryptocurrencies fall into different market cap categories, which are determined by their total market value. The market cap of a cryptocurrency is calculated by multiplying its current price by the number of coins or tokens in circulation. The three main market cap categories are large-cap, mid-cap, and small-cap. Large-cap cryptocurrencies have the highest market value, usually in the billions of dollars. Mid-cap cryptocurrencies have a market value in the hundreds of millions to billions of dollars. Small-cap cryptocurrencies have a market value in the millions to hundreds of millions of dollars. It's important to keep in mind that the market cap category of a cryptocurrency can change over time as its price and circulating supply change.
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