Market capitalization is a metric representing the total value of a cryptocurrency or digital asset. It is calculated by multiplying the current circulating supply by the asset’s current market price. This figure provides a general indication of an asset’s size and market standing.
Context
Market capitalization is frequently cited in news reports to categorize digital assets by size, such as large-cap, mid-cap, or small-cap. Changes in market capitalization are closely watched as indicators of investor interest and perceived value.
Pump.fun's revenue dominance signals a strategic shift in the memecoin launchpad vertical, leveraging creator incentives and token buybacks to drive substantial on-chain activity.
A significant whale acquisition of blue-chip NFTs propelled the market capitalization past $6.7 billion, signaling a renewed investor appetite and potential capital rotation into the digital collectibles sector.
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