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What does 'cap significa' mean in the context of cryptocurrency?

avatarmadixDec 18, 2021 · 3 years ago3 answers

In the context of cryptocurrency, what does 'cap significa' refer to?

What does 'cap significa' mean in the context of cryptocurrency?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    In the context of cryptocurrency, 'cap significa' refers to market capitalization. It is a measure of the total value of a cryptocurrency, calculated by multiplying the current price of a single coin/token by the total supply. Market capitalization is often used to rank and compare different cryptocurrencies.
  • avatarDec 18, 2021 · 3 years ago
    When people talk about 'cap significa' in the context of cryptocurrency, they are referring to market capitalization. It's basically the total value of a cryptocurrency, and it's calculated by multiplying the current price of a coin/token by the total supply. Market capitalization is an important metric for investors and traders to assess the size and popularity of a cryptocurrency.
  • avatarDec 18, 2021 · 3 years ago
    Ah, 'cap significa'! It's a term used in the cryptocurrency world to mean market capitalization. Market capitalization is a measure of the total value of a cryptocurrency, and it's calculated by multiplying the current price of a coin/token by the total supply. It's an important metric that can give you an idea of how big and influential a cryptocurrency is in the market. If you're interested in learning more about 'cap significa' and other cryptocurrency terms, you can check out BYDFi's blog for some informative articles.