Quote from: Shanyha on Today at 02:08:08 AM

What is cryptocurrency market cap?
Market cap is one of the most popular metric in the industry that is used to gauge the value of an asset. The market cap of a cryptocurrency is calculated based on the coin's total circulating supply multipled by the current price. For detailed examples on how that works, check out the methodology page.

How can I use market cap?
As a financial metric, market cap allows you to compare the total value of one cryptocurrency with another. Large-cap cryptocurrencies such as Bitcoin and Ethereum have a market cap of over $10 billion. They typically consists of projects that have demonstrated track record, have higher liquidity across exchanges, and less volatile when compared against mid and small cap cryptocurrencies.

While market cap is a simple and intuitive comparison metric, it does have its major drawbacks. Some cryptocurrency projects may appear to have inflated market cap through price swings and the tokenomics of their supply. As such, it is best to use this metric as a reference alongside other metrics such as trading volume, liquidity, fully diluted valuation, and fundamental during your research process.

Personally I don’t care about the market cap of coins. I mean that it is one of the last metrics I check.
Personally I investigate the idea and docs, then I overview the team members and I also check if any “whales” are going to invest in it. One more important thing is definitely a marketing campaign and social media. You necessarily should investigate if there is a big community and there are many people who trust it and want to invest.