Market capitalization
In short
Market cap is price times circulating coins — the standard yardstick for comparing cryptocurrencies. It shows size, not quality.
A 10-cent coin is not "cheap" if billions of coins exist. Also watch fully diluted valuation (FDV): how many coins are still coming to market?
What counts as "small cap" in crypto?
Roughly under ~$1B. More upside potential, but thinner liquidity and higher total-loss risk.
Related terms
Information, not investment advice. More of this? The newsletter.