Welcome to 6method crypto hub, today we will be looking at cryptocap and its tradingview chat to track the latest price changes and predictions.
What is Cryptocap?
For a cryptocurrency like Bitcoin, market capitalization or market cap can be defined as the total value of all the crypto coins that have been mined.
Cryptocap is calculated by multiplying the total number of coins that have been mined by the price of a single coin at any given time.
Cryptocap chat Analysis
The chart above shows and explained the total cryptocurrency market capitalization, excluding Bitcoin.
The total includes stablecoins and tokens. Too many people in crypto this is a key Bitcoin graph to understand the entire space. It is also a way to view the total altcoin market cap.
How is cryptocurrency value calculated?
As we all know, the cryptocurrency value is calculated by multiplying the Circulating on how the coin was mined or the total supply with the current price of the coin, for example, Bitcoin’s circulating supply is 18,745,293 BTC and its current price is $34,976.10.
How do I check my crypto market cap?
Crypto market capitalization is also known as the total value of a cryptocurrency. Then crypto stock market capitalization is calculated by multiplying share price times with the total number of coins in circulation.