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Market Capitalization: The amount of capital allotted an asset in the market. This can be computed as number-of-coins x price-per-coin.
by toomim 7y ago
Market Capitalization: The amount of capital allotted an asset in the market.
This can be computed as number-of-coins x price-per-coin.
- tuesdayrain 7y agoThis could result in the common misconception that market cap is equal to the influx of money into an asset. E.g. market cap increasing by 5bil doesn't mean that 5 billion worth of currency was invested into it.
- account73466 7y agoIt could. However, you average Joe crypto hodler from reddit understands this phenomenon, e.g., after reading about Tether & friends.