Post
Topic
Board Altcoin Discussion
Re: What is Market cap
by
jyotianand01
on 20/09/2017, 11:14:26 UTC
Im learning day by day about alt coins. But one thing I'm confused about is the market cap. What exactly is the market cap and how is it important to the success of the coin? Does a higher market cap mean a better chance the coins value increases?

market Cap means total number of coins multiplied by the price of the coin. There is no connection of success of the coin with the market cap , success of coin depends on many factors like concept, working of team, earning resources, product value and so on.