StableX Academy

Learn crypto the right way.

114 plain-English lessons Β· 15 modules

Market Cap

Market capitalisation is the total value of a cryptocurrency: current price multiplied by circulating supply.

In depth

A coin priced at β‚Ή1 with a trillion tokens is far larger than one priced at β‚Ή10,000 with a thousand tokens. Market cap is the fairer way to compare asset sizes and is used to rank coins. It says nothing about liquidity β€” a large cap can still be thinly traded.

Formula card "Price Γ— Circulating Supply = Market Cap" with two contrasting coins showing why unit price alone misleads.

Why it matters

Judging a coin by unit price alone is a classic beginner error; market cap corrects it.