Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
by
pjviitas
on 06/03/2014, 02:19:09 UTC
How is market cap calculated?

Price x Number of coins in circulation

Current Auroracoin market cap:

.05225 BTC/AUR x 103,851 AUR = 5426 BTC

So basically what your saying is that when the airdrop happens the market cap will be approximately:

.05225 BTC/AUR x 10,500,000 AUR = 548625 BTC

That's a lot of Bitcoin.