How does Coingecko calculate the market capitalization of different cryptocurrencies?

3 answers

• Dec 17, 2021 · 3 years ago
  Coingecko calculates the market capitalization of different cryptocurrencies by multiplying the current price of each cryptocurrency by its circulating supply. This method provides a snapshot of the total value of a cryptocurrency in the market. Compared to other platforms, Coingecko takes into account the circulating supply rather than the total supply, which gives a more accurate representation of the market value of a cryptocurrency.
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• Dec 17, 2021 · 3 years ago
  Coingecko's market capitalization calculation involves multiplying the price of each cryptocurrency by the number of coins in circulation. This method helps to determine the relative size and value of different cryptocurrencies in the market. It is important to note that Coingecko's calculation may differ from other platforms due to variations in data sources and methodologies.
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• Dec 17, 2021 · 3 years ago
  Coingecko calculates the market capitalization of different cryptocurrencies by considering the price and circulating supply of each cryptocurrency. This method provides a measure of the total value of a cryptocurrency in the market. Unlike other platforms, Coingecko focuses on the circulating supply, which represents the number of coins available for trading. This approach helps to provide a more accurate assessment of a cryptocurrency's market value.
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