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.