What is market capitalization in crypto?

Market cap is the total value of all circulating tokens at the current price. It is calculated as: Market Cap = Price × Circulating Supply. It is the most common metric for ranking cryptocurrencies by size.

What is circulating supply vs total supply?

Circulating supply is the number of tokens currently tradeable on the open market. Total supply includes locked, vesting, and reserved tokens that are not yet in circulation. Market cap uses circulating supply; fully diluted valuation uses total or max supply.

How does the implied price calculation work?

Implied Price = Target Market Cap ÷ Circulating Supply. For example, if a token has 500 million coins in circulation and you want to know what price gives a $10B market cap, the answer is $10,000,000,000 ÷ 500,000,000 = $20.

Does this tool fetch live prices?

No. This is a fully offline, client-side calculator. You enter numbers manually. You can find current prices and supply data on CoinGecko, CoinMarketCap, or a project's official documentation.

What do the market cap tier labels mean?

Tiers follow broad industry conventions: Mega Cap (≥$100B), Large Cap ($10B–$100B), Mid Cap ($1B–$10B), Small Cap ($100M–$1B), Micro Cap ($10M–$100M), and Nano Cap (<$10M). These are informal labels used for rough comparisons, not official classifications.

Why is market cap different from trading volume?

Market cap measures the total value of all circulating tokens; it does not change unless price or supply changes. Trading volume measures how much value changed hands in a period (usually 24 hours). High volume with low market cap can signal speculative activity.

Market Cap Calculator

Enter price and circulating supply to get market cap, or enter a target market cap to find the implied token price.

Inputs

Calculation Mode

Price × Circulating Supply = Market Cap

Token Price (USD)

Current market price per token

Circulating Supply

Number of tokens currently in public circulation

Enter values on the left
and click Calculate to see results

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Summary

The Market Cap Calculator lets you instantly compute a cryptocurrency's market capitalization by multiplying its current price by the circulating supply. It also works in reverse: enter any target market cap and a fixed circulating supply to find the implied token price needed to reach that valuation. Use it to evaluate whether a coin is overvalued relative to peers, model price targets, or understand what market cap a given price implies.

How it works

Select a calculation mode: "Market Cap" (price × supply) or "Implied Price" (target cap ÷ supply).
In Market Cap mode: enter the current token price in USD and the circulating supply.
In Implied Price mode: enter a target market cap in USD and the circulating supply.
Click Calculate to see the result along with a ranked tier label.
Use the Copy button to copy the full result summary to your clipboard.

Use cases

Verifying a coin's market cap matches data from CoinGecko or CoinMarketCap.
Modeling what price a token needs to reach a $1B, $10B, or $100B market cap.
Comparing market caps across multiple cryptocurrencies by entering each manually.
Estimating a new token's valuation at launch given a known supply and seed price.
Teaching tokenomics: showing how supply size affects price at equal market caps.
Sanity-checking price targets shared in crypto research or social media.

Frequently Asked Questions

Last updated: 2026-10-05 · Reviewed by Nham Vu