Market capitalization (market cap)
By CoinGecko | Updated on Mar 03, 2020
Traditionally, it refers to the monetary market value of a company based on outstanding shares of stock. Market capitalization is used to show the size of the company. in Crypto, market cap is measured by multiplication of the circulating supply of tokens or currency and its current price.
Related Terms
Decentralized
A system where there are no centralized points of failure or organization with no central authority figure.
Explain Like I'm Five (ELI5)
To explain in such simple terms that even a five-year-old would be able to understand it.
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A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting
BitLicense
Refers to the business license issued by the New York State Department of Financial Services (NYSDFS) to companies dealing with Cryptocurrencies (subject to certain exceptions) in New York.
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