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What is the market capitalization of an asset?

The Market Cap of an asset is an estimate of its total value according to its current market price. Depending on the asset type it is calculated in different ways:

• For precious metals the Market Cap is calculated by multiplying the its price with an estimation of the quantity of metal that has been mined so far. These estimations are updated annualy
• For stocks it is calculated by multiplying the amount of outstanding shares with the current share price
• The Market Cap of cryptocurrencies is calculated by mutipliying the circulating supply with the coin's price

About

Infinite Market Cap (8MarketCap) ranks the world's top assets by Market Cap, including precious metals such as Gold an Silver, public companies such as Apple and Tesla, ETFs (Exchange Traded Funds) such as QQQ and the Vanguard S&P 500 ETF, and Cryptocurrencies such as Bitcoin and Ethereum.

We also run Companies Market Cap, a website that ranks companies by Market Cap, Earnings and Revenue and Ape Wisdom a website that tracks the trending stock and cryptocurrency mentions on reddit and WallStreetBets

For inquiries: hel(nospam)lo@8market(nospam)cap.com

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