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
Transactions Per Second (TPS)
It is number of transactions done per second. For example, there are 10 transactions of Bitcoin done in 1-minute. The TPS would be 10 transactions/60 seconds = ~0.17 TPS.
Token Generation Event (TGE)
An event in which new tokens (ussually on a smart contract platform) are created and distributed to the public.
SHA-256
Abbreviation of "Secure Hashing Algoritm - 256", SHA-256 is part of the SHA2 that allows one-way hashing of any data into a 64 character string.
Shitcoin
A coin with no obvious potential value or usage.
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