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Definition: market cap


(market CAPitalization) The current share price of a company's stock times the total number of shares outstanding. Although the market cap of a company is an indication of a company's value, it is only a temporary metric based on the current stock market.

The true potential or value of a company may not be reflected in its market cap. The perfect example occurred during dot-com fever in the late 1990s, when market caps of companies that never made a dime rose to astronomical heights.

Crypto Market Cap
The market cap of a cryptocurrency is the current coin price times the total number of coins in circulation. See total value locked, crypto market cap and crypto stats.