b9_1155what is market cap?
price × circulating supply.
it only counts the tokens trading today. it can look small while most of the supply is still locked.
related words
- max supply the most tokens that can ever exist, if there is a cap at all.
- FDV (fully diluted valuation) commonly price × max supply, or price × total supply if there is no max.
- total supply the tokens that exist right now, including locked ones that aren't circulating yet.
part of the topic whitepapers: free articles, more words and the guide.
checked . education, not advice. found a mistake? see corrections.