Why is market cap important? Price is just one way to measure a cryptocurrency’s value. Investors use market cap to tell a more complete story and compare value across cryptocurrencies . As a key statistic, it can indicate the growth potential of a cryptocurrency and whether it is safe to buy, compared to others.
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Market Capitalization is one way to rank the relative size of a cryptocurrency. It’s calculated by multiplying the Price by the Circulating Supply. Market Cap = Price X Circulating Supply .
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