What is Market Capitalization in crypto? Does it matters?
There are endless media stories about how many new and young billionaires have been made by the crypto market. When cryptocurrencies emerged as a new asset class, many traders and investors compared them to stocks. Many indicators and metrics are identical in both, and one of them is market capitalization. Market capitalization is a crucial indicator for stock market investors. But for the crypto world, it is not exactly the same. As cryptocurrencies are relatively new, there is not much utility known about this critical metric. Here's what cryptocurrency investors should know about market capitalization and how it should impact your strategy.