Please refer to the Market Data section of the methodology for detailed
information on this topic.
Market Capitalization is one way to rank the relative size of a cryptocurrency.
It's calculated by multiplying the Price by the Circulating Supply.
Market Cap = Price X Circulating Supply.
Market Cap = Price X Circulating Supply.
Circulating Supply is the best approximation of the number of coins that are
circulating in the market and in the general public's hands.
Total Supply is the total amount of coins in existence right now (minus any
coins that have been verifiably burned).
Max Supply is the best approximation of the maximum amount of coins that will
ever exist in the lifetime of the cryptocurrency.
We've found that Circulating Supply is a much better metric for determining the
market capitalization. Coins that are locked, reserved, or not able to be sold
on the public market are coins that can't affect the price and thus should not
be allowed to affect the market capitalization as well. The method of using the
Circulating Supply is analogous to the method of using public float for
determining the market capitalization of companies in traditional investing.
A Coin is a cryptocurrency that can operate independently.
A Token is a cryptocurrency that depends on another cryptocurrency as a platform
to operate. Check out the crypto tokens listings to view a list of tokens and
their respective platforms.
Please refer to the Listings Criteria section of the methodology for detailed
information on this topic.