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What is market capitalization?
market capitalization = price x circulation
The issuance volume of various cryptocurrencies is different, and coins with a smaller issuance volume are relatively easier to control. It is easier to raise or lower the coin price. The larger the issuance volume, the harder it is. The price of a coin will be influenced by the size of the issuance volume to some extent. Evaluating cryptocurrencies by only looking at the price can be very inaccurate; it is recommended to consider market capitalization for a more reasonable assessment.
A coin with a low price is not necessarily cheap, and a coin with a high price is not necessarily expensive; it depends on the market capitalization evaluation.
The higher the market capitalization, the harder it will be to increase it further; more funds must be invested to raise the market capitalization again. Essentially, market capitalization can be understood as the current value consensus that the market places on this cryptocurrency.
So what does it mean for the top ten by market capitalization? It indicates that these are the top ten cryptocurrencies that the market has given the highest value consensus. They are all significant projects in the crypto space and can be considered blue-chip coins in the cryptocurrency world. However, a high market capitalization also means that it will become increasingly difficult to rise further. Compared to smaller coins with relatively lower market caps, they are relatively more stable, but their price explosiveness is lower.