Market Cap, short for Market Capitalization, is a metric used to determine the total market value of a cryptocurrency. It’s calculated by multiplying the current price of the coin by its circulating supply. Market Cap is a crucial indicator of a crypto asset’s market strength, stability, and growth potential.

Commonly referenced in evaluating the size and dominance of a cryptocurrency within the market.

“Checked the market cap of that new coin and it’s already in the top 10—this market really never sleeps!