MCAP
Tue, Apr 15MCAP stands for Market Capitalization, or Market Cap. The formula used to determine a cryptocurrency's market capitalization is:
MARKET CAPITALIZATION = CIRCULATING SUPPLY x ASSET MARKET PRICE
For more details, see Market Capitalization (Market Cap).
Market Capitalization (Market Cap) represents the total dollar value assigned to an asset (such as Bitcoin) or an entire asset class (all cryptocurrencies). This is calculated by multiplying the circulating supply of that asset by its market price.
Circulating Supply refers to the number of coins or tokens of a specific cryptocurrency that are available for public trading. If they can be traded, they are classified as circulating. It is important not to confuse circulating supply with Total Supply or Max Supply.
There is a point in time when Bitcoin (BTC) may lose its position at the top of the cryptocurrency market capitalization rankings and pass the leadership to Ethereum (ETH). The timing of this event, if it occurs, is uncertain.
Total Supply indicates the overall number of coins or tokens of a specific cryptocurrency that have been created or mined, including those that are in circulation, locked, or reserved. Coins that have been burned or destroyed should be deducted from the total supply figure.
Shiba Inu (SHIB) is an ERC-20 token built on Ethereum, reportedly managed entirely by its community. Known as “The Dogecoin killer,” it is the second most recognized altcoin and meme coin after Dogecoin, boasting a dedicated following of 500,000 members known as the SHIB Army who actively promote it on social media.
Recommendation
Macau Patacas (MOP)
The Macau Pataca (MOP) serves as the official currency of Macau, which is a Special Administrative Region of China. The Pataca was first introduced in 1894, during the period when Macau was under Portuguese colonial rule. The responsibility for issuing and managing the Macau Pataca lies with the Monetary Authority of Macau.
MACD
The MACD, or "Moving Average Convergence/Divergence," is a momentum oscillator utilized for trend trading. It illustrates the distance between moving averages, assisting traders in determining the direction of trends and whether bullish or bearish momentum is gaining or losing strength.
Macedonian Denar (MKD)
The Macedonian Denar (MKD) serves as the official currency of North Macedonia, located in the Balkan Peninsula of Southeast Europe. Introduced in 1992, the Denar replaced the Yugoslav Dinar following North Macedonia's declaration of independence from the former Yugoslavia. The National Bank of the Republic of North Macedonia is tasked with issuing and managing the Macedonian Denar.
Madagascar Ariary (MGA)
The Madagascar Ariary (MGA) serves as the official currency of Madagascar, an island nation situated off the southeastern coast of Africa. The Ariary was introduced in 2005, replacing the Malagasy Franc at a conversion rate of 1 Ariary = 5 Francs. The Central Bank of Madagascar (Banque Centrale de Madagascar) is tasked with the issuance and management of the Madagascar Ariary.
Maintenance Margin
The maintenance margin is the amount of funds that must be available to keep a margin trade active. It is also referred to as the variation margin or "free margin."
Malawian Kwacha (MWK)
The Malawian Kwacha (MWK) serves as the official currency of Malawi, a landlocked nation located in southeastern Africa. Introduced in 1971, the Kwacha replaced the Malawian Pound. The Reserve Bank of Malawi, the central bank of the country, is tasked with issuing and managing the Malawian Kwacha.
