Glossary
Market capitalization
The total market value of a company or crypto asset: price multiplied by the number of shares or coins in circulation.
For a stock, market capitalization is the share price multiplied by the number of shares outstanding. For a crypto asset, it is usually the price multiplied by the circulating supply.
Market cap measures size, not value for money. Two companies with the same share price can differ enormously in market cap if one has far more shares.
In crypto, sites also show fully diluted valuation, which multiplies the price by the maximum or total supply. A large gap between the two means many coins are not yet in circulation.
Related terms
For education only, not financial advice. Crypto assets and stocks are volatile, and leveraged positions can lose more than the money you put in.