Market capitalization (market cap) is the total value of a company's outstanding shares. It's calculated by multiplying the number of shares by the current market price. Market cap is used to classify companies as small-cap, mid-cap, or large-cap, and to gauge their size and influence.
What is market cap
Market capitalization, often abbreviated as market cap, is a measure of the total value of a company's outstanding shares. It is calculated by multiplying the total number of shares outstanding by the current market price of one share.
In the context of cryptocurrencies and the Mira Network ecosystem, market capitalization refers to the total value of all coins or tokens in circulation. It is an important metric for investors, traders, and analysts to evaluate the size and potential of a cryptocurrency or a company.
For example, if a cryptocurrency has 10 million coins in circulation and each coin is trading at 10, the market capitalization would be 100 million.
Market capitalization is a key indicator of a company's or cryptocurrency's size, liquidity, and potential for growth. It can be categorized into different tiers, such as:
Large-cap: Over $10 billion
Mid-cap: 1 billion to 10 billion
Small-cap: 100 million to 1 billion
Micro-cap: Below $100 million
In the Mira Network ecosystem, understanding market capitalization is crucial for making informed investment decisions and navigating the complex world of cryptocurrencies.
