6 May, 2019
Posted on :
by : BlockGlossary
Meaning of Market Cap
It is an acronym of Market Capitalization, and refers to the total amount of money invested into a coin/token.
In crypto the higher the Market Cap of a coin/token the more it easily gains popularity and trust of the community.
Though, this should not be used as the only criteria to determine the viability of the project backed by the coin/token with high Market Cap.
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