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Micro Cap
HomeGlossary TermsMicro Cap

Micro Cap

April 11, 2024BY Ubik Capital
28Views
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In the world of blockchain, the term “micro cap” refers to a cryptocurrency asset that possesses a remarkably small market capitalization. Market capitalization signifies the overall value of the cryptocurrency asset and its underlying blockchain venture, determined by multiplying the price per coin by the number of circulating coins available to the public. Although there is no precise benchmark to classify a coin as micro cap, it typically indicates assets with comparatively modest market worth.

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