How does Coinmarketcap calculate the market capitalization of Raiblocks?
Muhamad FaisalJan 16, 2022 · 4 years ago3 answers
Can you explain how Coinmarketcap calculates the market capitalization of Raiblocks in detail?
3 answers
- Haaning OrrFeb 15, 2023 · 3 years agoCoinmarketcap calculates the market capitalization of Raiblocks by multiplying the current price of each Raiblocks token by the total supply of Raiblocks tokens in circulation. This gives an estimate of the total value of all Raiblocks tokens in the market. The market capitalization is an important metric that reflects the overall value and size of a cryptocurrency. It is widely used to compare the relative value of different cryptocurrencies.
- Abdelaziz MohamedSep 10, 2025 · 5 months agoTo calculate the market capitalization of Raiblocks, Coinmarketcap takes into account the circulating supply of Raiblocks tokens and the current price of each token. The circulating supply refers to the number of Raiblocks tokens that are actively being traded on the market. By multiplying the circulating supply by the price, Coinmarketcap determines the market capitalization. It's worth noting that the market capitalization can fluctuate as the price and circulating supply of Raiblocks change.
- Munn LindNov 11, 2020 · 5 years agoCoinmarketcap calculates the market capitalization of Raiblocks by multiplying the current price of each Raiblocks token by the total supply of Raiblocks tokens in circulation. This provides an estimate of the total value of all Raiblocks tokens in the market. It's important to note that Coinmarketcap is a third-party platform that aggregates data from various exchanges to calculate market capitalization. Other exchanges may use slightly different methodologies, but Coinmarketcap is widely regarded as a reliable source for market capitalization data.
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