What is Market Cap?
The short answer
A coin's price multiplied by how many coins exist — a rough measure of overall size.
Market cap is generally a more useful comparison between coins than raw price alone, since a low price per coin can simply mean a huge number of coins exist, not that the coin is “cheap.”
Related terms
Full glossaryAirdrop
Free distribution of a new token to existing holders of another crypto or to early users of a…
Gwei
A tiny unit of ETH used to price gas fees — one gwei is one billionth of one…
Gas
The fee paid to have a transaction processed on a network like Ethereum.
NFT (Non-Fungible Token)
A token representing unique ownership of a specific digital (or sometimes physical) item, unlike a coin where every…
Smart Contract
Self-executing code on a blockchain that automatically carries out an agreement without a company in the middle.
Stablecoin
A crypto token designed to hold a steady value, usually pegged to a currency like the US dollar.
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