What is the meaning of 'big cap' in the context of cryptocurrencies?

3 answers

• Dec 16, 2021 · 3 years ago
  In the context of cryptocurrencies, 'big cap' refers to cryptocurrencies with a large market capitalization. Market capitalization is calculated by multiplying the current price of a cryptocurrency by its total circulating supply. Cryptocurrencies with a big cap are usually well-established and widely recognized in the market. They often have a higher level of liquidity and are considered to be more stable compared to smaller cap cryptocurrencies. Examples of big cap cryptocurrencies include Bitcoin, Ethereum, and Ripple.
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• Dec 16, 2021 · 3 years ago
  When we talk about 'big cap' in the context of cryptocurrencies, we are referring to the cryptocurrencies that have a high market capitalization. These are the cryptocurrencies that have a large number of coins in circulation and are usually well-known and widely traded. Big cap cryptocurrencies are often considered to be more stable and less volatile compared to smaller cap cryptocurrencies. Investors often look at the market cap of a cryptocurrency to assess its size and potential for growth.
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• Dec 16, 2021 · 3 years ago
  Big cap in the context of cryptocurrencies is a term used to describe cryptocurrencies with a large market capitalization. Market capitalization is a measure of the total value of a cryptocurrency and is calculated by multiplying the current price of a coin by its total supply. Big cap cryptocurrencies are typically the most well-known and widely traded cryptocurrencies in the market. They are often considered to be more stable and less risky compared to smaller cap cryptocurrencies. Examples of big cap cryptocurrencies include Bitcoin, Ethereum, and Litecoin. At BYDFi, we offer a wide range of big cap cryptocurrencies for trading.
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