Idiom idiom
Market Cap
Meaning
The total value of a cryptocurrency, worked out as price multiplied by circulating supply.
Examples
“Ethereum has the second-largest market cap.”
“A coin's market cap, not its price per unit, shows how large the project really is.”
“Comparing two tokens by price alone is misleading; only market cap — price times circulating supply — reveals their true relative size.”
Origin
disputed origin
disputed origin
Short for market capitalization.
Last updated July 19, 2026