Cryptocurrency Market Capitalization Explained
Market capitalization applies to the stock market and also to cryptocurrencies and blockchain projects, from which the current market value of the cryptocurrency or blockchain network in question can be seen. The total market capitalization of the cryptocurrency industry as a whole is also an important indicator. In a sense, the total market capitalization can be used to assess the cumulative value of the blockchain and cryptocurrency industry. Calculating the market capitalization of a cryptocurrency project is relatively simple. Most traders are keen to compare the market capitalization of individual projects, but market capitalization can actually be used to look at the big picture. The total value of all cryptocurrency assets is much higher than that of Bitcoin or Ether, even if the market capitalization of the two major projects tops the list. All major cryptocurrency data aggregators communicate the total market capitalization of the cryptocurrency market, so the metric is almo