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Market Cap in short means Market Capitalization. It is a record of capital being invested in a crypto and is used to estimate the total value of the cryptocurrency. The below market cap calculator tool helps you to quickly calculate the market capitalization of a particular crypto asset.
How To Calculate Cryptocurrency Market Cap?
To calculate market cap you need to know the circulating supply of coin/token and its current Fiat value. In the case of Bitcoin its circulating supply is 17,231,612 BTC and its current value in USD is $6,654.91.
17,231,612 BTC * $6,654.91 = $114,674,827,014.92 is the market cap of Bitcoin.
You can use the same equation to calculate the market cap in Euro.
17,231,612 BTC * €5748 = €99,047,305,776 is the market cap of Bitcoin in Euros.
For more Bitcoin rates you can use this Bitcoin calculator.
To know the market cap of popular crypto currencies you can use websites like CoinMarketCap where they provide enough data about a coin or a token. However all the new coins, tokens and ICOs are not listed on these data websites. This tool is for users who are looking to estimate market cap of such crypto assets.
Market cap of a cryptocurrency is calculated by multiplying the price of the coin / token and its circulating supply.
Market Cap (USD) = Circulating Supply (Coins / Tokens) * Price (USD per Coin / Token)
Example:
- If there are 1 million coins in circulation and if its current price per coin is $1 then its total market cap is $1,000,000.
- If the same coin’s value remains stable at $1 and if the circulating supply increases to 2 million then its total market cap is $2,000,000.
References:
- Crypto Market Cap, Supply and Volume
- Circulating, Total and Max Supply in Cryptocurrency
- Coin Market Cap
