1. | basicCirculating Supply × Current Price.
2. | mediumThe market cap is derive by multiplying the current market value of an asset by it's circulating supply.
3. | mediumWhen looking at whether a coin is "cheap" or not, it's important to consider the market cap. A coin that is worth $0.50 but has a market cap of $20 billion can be valued the same as a coin worth $500 with a market cap of $20 billion, with them having a different the circulating supply.
* All terms and definitions will change as the Cryptionary improves
Know Your Customer
Proof of Stake