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Topic: What is Market Cap - page 2. (Read 232 times)

sr. member
Activity: 1372
Merit: 322
February 24, 2020, 02:25:32 AM
#1
This is very basic and I wouldn't write this article unless I see this confusion from a higher rank account. Some high-rank users even merited the post too. Did I miss anything? Please correct me if I'm wrong.

In simple words, market cap is the total value of a certain project at this moment. Or in other words, the total price of all the coins available of a coin/token.

This depends on circulating supply.
Mcap= Circulating Supply * Current Price

I took a random token, BOMB.
Total Supply- 953,103
Circulating Supply- 952,315
Current Price- $0.678806

So, the Mcap= 952,315 * $0.678806 = $646437.13589 which represents the total mcap in CMC.

So, basically this has no effect in the mcap, circulating supply and price can affect the mcap.

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