How is Market Capitalization calculated and what is it?
The term “Market Capitalization” is a way to rank the total relative size of a single cryptocurrency. Market Capitalization is calculated by multiplying the Price by the Circulating Supply of a specific cryptocurrency.
What is the difference between “Max Supply”, “Total Supply”, and “Circulating Supply”?
Max Supply is known as the best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency.
Total Supply is known as the total amount of coins in existence right now minus any coins that have been verified to have been burned off.
Circulating Supply is known as the best approximation of the number of coins that are circulating in the market and in the general public’s hands.
How are prices calculated for a cryptocurrency?
Prices are calculated by taking the volume weighted average of all prices reported at each market amount.
Why are Circulating supplies used in determining the market capitalization instead of Total supplies?
The Circulating Supply is a better metric for determining the market capitalization of a cryptocurrency. Coins/tokens that are locked, reserved, or not able to be sold on the market are coins that can not affect the price and should not be allowed to affect the market capitalization.
What is the time zone that CryptoRTP.com bases prices in?
UTC unless otherwise specified is used to present data collected, recorded, and reported in.
What time is the 24 hour % change based?
It is based on the current time and is a rolling 24 hour period.
Can I use content for one of my projects, news reports or other commercial use?
Yes, content can be used as you need it. Please cite CryptoRTP.com as the source when you do use content is all we ask.
Do you offer an API for your data?
We offer content API documentation here.