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Total Market Cap
The total marketcap of a token is calculated by multiplying the current price of a single unit of the token by the total number of units of the token in circulation.
- For example, if a token has a current price of $10 and there are 100 million units of the token in circulation, the market cap of the token would be $1 billion ($10 x 100 million).
- It’s important to note that the marketcap of a token can be highly volatile and can change rapidly based on market conditions, trading volumes, and other factors. Additionally, the marketcap of a token may not always accurately reflect its underlying value or potential for future growth.