Market capitalization is simply units * price. It has nothing to do with companies (or stocks), specifically: market cap is a simple formula that provides the t

Market capitalization is simply units * price. It has nothing to do with companies (or stocks), specifically: market cap is a simple formula that provides the total valuation of a commodity. Frankly, it's a misnomer to refer to Ethereum (and certain others) as being currencies in the first place. The newer, functional cryptos have much more in common with barrels of oil or bushels of wheat than with traditional money