ENGLISH
REFERENCE

Market Cap

idiom
Meaning

The total value of a cryptocurrency, worked out as price multiplied by circulating supply.


Origin

disputed origin

Short for market capitalization.

Examples
SIMPLE

Ethereum has the second-largest market cap.

CONTEXTUAL

A coin's market cap, not its price per unit, shows how large the project really is.

COMPLEX

Comparing two tokens by price alone is misleading; only market cap — price times circulating supply — reveals their true relative size.

Last updated July 19, 2026