Market capitalization helps put a cryptocurrency’s price into perspective. Learn how market cap is calculated, why token supply matters, and how to read it alongside liquidity and fully diluted valuation when exploring crypto projects.

When researching a cryptocurrency, price is often one of the first numbers people notice. But the price of a single coin or token tells only a small part of the story. To understand how a crypto asset is structured, it is also important to look at its token supply.