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Crypto market capitalization describes the current market value of a given cryptocurrency or blockchain network. It is an important parameter that provides us with a fair idea of a market’s financial strength.
Introduction to Crypto Assets
Much effort is not required to calculate the market capitalization of a given crypto asset. Though many crypto followers prefer to compare the market cap of different individual projects, it is equally helpful to know its value on an industry-wide scale. Presently, Bitcoin and Ethereum are the biggest cryptocurrencies in terms of market capitalization. While this is true, all cryptocurrencies’ total market cap is more significant than their individual ones. Major crypto data aggregators disclose the total market capitalization. We need to know what this data means and what it tells us about the market’s state.
Meaning Of Crypto Market Capitalization
The term "market capitalization" is widely used for traditional securities but is also of significance in analyzing cryptocurrencies. Market capitalization is simply the measure of the value of an asset. When applied to cryptocurrencies, we can define it as a measure of a cryptocurrency network’s value. It can be calculated manually. To calculate the market cap of a given asset, multiply the circulating supply by the price of one unit of the asset.

Here is an illustration. For instance, XCOIN and YCOIN are two networks. XCOIN has a circulating supply of all its 2,000 coins. On the other hand, YCOIN has a circulating supply of 50,000 coins out of a maximum supply of 100,000 coins. If we assume that the market price of XCOIN is $100 and that of YCOIN is $5, which of the two networks has a greater market cap?
The calculation for market capitalization is expressed as MC = CS x Price.
With this, we can calculate the market cap of both networks.
XCOIN Market Cap = 2000 x $100 = $200000
YCOIN Market Cap = 50000 x $5 = $250000
From these calculations, we observe that the YCOIN network’s value is bigger than that of XCOIN, even with a lower unit price. Therefore, a market cap is better used to estimate the value of a token as opposed to the price.
Diluted Crypto Market Capitalization
This is one way of estimating the future value of a particular network. It is a term that is widely used in the stock market. It is a representation of a company's valuation if every stock option is exercised and all securities are converted to stock.

Let us apply the term to the crypto market. For instance, the maximum possible supply of Bitcoin is 21 million, out of which about 18.505 million are in circulation. This corresponds to a market cap of approximately $195.2 billion if we assume $10550 per BTC.
To calculate the diluted market cap, one has to consider the maximum supply of Bitcoin. This means that we will multiply the total supply of Bitcoin by its price. It also helps to determine if an asset is overvalued or undervalued.
DCM (Diluted crypto market cap) = TS (Total Supply) x Price
Understanding Total Crypto Market Capitalization
As the name implies, total crypto market capitalization is the combined total value of all crypto assets on the crypto market, such as Bitcoin, altcoins, stablecoins, tokens, etc. The information about the total market cap is very vital because it discloses the entire industry's size.
There is no doubt that many crypto assets’ value tends to fluctuate due to the crypto market’s volatility. In fact, since the inception of cryptocurrencies, the entire market cap of the industry never breached the $20 billion mark in the first six and a half years. However, in 2018, the market capitalization skyrocketed to $770 billion and is now over 2 trillion.
Significance Of Total Market Capitalization

One primary importance of the total crypto market cap is that it is helpful to compare with other economic sectors. Many enthusiasts often compare the total market caps of cryptocurrencies and other sectors like the stock market and precious metals. They do this because it gives them a fair estimate of the future growth of the crypto market. Even as this estimate is helpful, it is not certain. Therefore, it is still unclear how to determine the potential value of cryptocurrencies or blockchain projects with absolute accuracy.
Closing Thoughts on Market Caps
Crypto market capitalization is an essential metric. It tells the valuation of the whole crypto industry. It can provide a fair comparison between the present valuation of an asset and its value later in the future. Although market cap is a quick means of making projections about any financial industry, other market parameters need to be considered in order to arrive at a holistic assessment of that industry.
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Shift In Buying Momentum: Investor Interest Rises In Pullix ($PLX) Over Solana (SOL) and Polkadot (DOT)

Solana (SOL) and Polkadot (DOT) have come a long way in 2023, each seeing some investor activity. However, Pillux, an upcoming DeFi platform, is looking more profitable in the long run for investors.
Solana (SOL) and Polkadot (POL) are among the top 20 cryptocurrencies by market capitalization and are two altcoins pulling the attention of investors looking to quadruple their profits. But there's another coin that is quickly becoming a top pick for investors, amassing a range of remarkable features that set the scene for it to be one of the best new cryptos to invest in as the crypto market shows more excitement. In this piece, let's find out why Pullix is gaining more interest than Solana and Polkadot.
Pullix ($PLX): Assets Diversification and Liquidity Provision Rallying Investors
Pullix ($PLX) is a highly promising cryptocurrency project set to revolutionize the trading landscape by offering a comprehensive range of assets, including commodities, ETFs, and forex, rarely found in traditional platforms. Distinguishing itself from the norm, Pullix implements a fee structure with zero commission fees and visible tight spreads, enhancing overall profitability for traders, aligning with decentralized finance (DeFi) principles.
Playing a pivotal role in resolving liquidity issues within the DeFi space, Pullix introduces a liquidity provision, allowing traders to contribute liquidity through its dedicated Market Making Liquidity Contribution feature. Additionally, investors can stake cryptocurrencies like ETH and BTC to enhance liquidity in the order book.
Another interesting feature offered by Pullix is the opportunity for traders to earn a passive monthly income through staking other cryptocurrencies for a fixed period and interest rate. This unique offering sets Pullix apart, as major players like Coinbase or Binance do not currently provide a comparable feature.
Currently trading at $0.04, Pullix positions itself as an attractive investment option for traders seeking a unified platform for seamless trading, rewards accumulation, and wealth enhancement. The $PLX, doubling as both governance token and native asset, acts as a gateway to a host of enticing features, including platform usage, exclusive access, reduced trading fees, rewards unlocking, exchangeability, and staking.
Considering its comprehensive features and a projected 100x surge in price, industry experts anticipate a growing influx of investors that may consider Pullix over Solana and Polkadot.
Solana (SOL) Sees More Bullish Sentiment But Investors Are Careful
Solana (SOL) has seen a surprising price surge to $61 since the start of the year when it traded for $9. However, Solana (SOL) has not maintained this upswing. It is currently worth $61, compared to a high price of $66 on December 6, 2023.
In addition to its surge, SOL caught the crypto market's eyes with its total value locked (TVL) on Solana rising to around $670 million on December 5, according to DefiLlama. This last occurred in November 2022.
Sentiment around the Solana coin is bullish, with analysts saying it could witness an upward climb. InvestAnswers, a prominent crypto analyst, predicts that Solana (SOL) might capture 10% of Ethereum’s market capitalization in the next bull market.
If the Solana price sustains above its current price, the altcoin will continue its climb. Regardless, investors are aware that SOL has been trading under bearish for a week and are being careful. However, the price continues to trade above the pivotal support.
Polkadot (POL) Witnesses 7 Day High Of above 6%, a 10.23% Increase
Polkadot (POL), a layer 0 blockchain focused on interoperability and scalability, rose 10.23% to $6.13 on December 6, after seven days of trading above the $5 mark.
Between November 1 and November 30, Polkadot price (DOT) surged 16% from $4.45 to $5.16. Moreover, between November 23 and November 30, Polkadot (DOT) gained 7% as its price moved from $5.21 to $5.56.
Investors still hold a 41% bearish sentiment for the Polkadot coin, according to experts at Changelly. The coin was outperformed by 60% of the top 100 cryptocurrency assets in one year.
Nevertheless, many analysts hold that the project still possesses potential. They predicted Polkadot (DOT) might reach $7 in December 2023, but some investors aren't entirely keen. This may have contributed to the rise of investors flocking to Pullix as it has a great potential of witnessing a price and value surge once it launches in 2024.
For more information regarding Pullix’s presale, see links below:
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $400. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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