

As such, it is best to use this metric as a reference alongside other metrics such as trading volume, liquidity, fully diluted valuation, and fundamentals during your research process. Some cryptocurrency projects may appear to have inflated market cap through price swings and the tokenomics of their supply. While market cap is a simple and intuitive comparison metric, it is not a perfect point of comparison. They typically consist of protocols that have demonstrated track records, and have a vibrant ecosystem of developers maintaining and enhancing the protocol, as well as building new projects on top of them.

Large cap cryptocurrencies such as Bitcoin and Ethereum have a market cap of over $10 billion. Small-cap cryptocurrencies (Mid-cap Cryptocurrencies ($1 billion - $10 billion).Large-cap cryptocurrencies (>$10 billion).
