1. What is Market Capitalization?

Market capitalization (market cap) is the total market value of a cryptocurrency's circulating supply. It's calculated by multiplying the current price of a single coin by its total circulating supply.

2. How Does the Calculator Work?

The calculator uses the market cap formula:

Where:

• \( Price \) — Current price per XRP in USD (from CoinGecko)
• \( Circulating\ Supply \) — Number of XRP currently in circulation

Explanation: This simple multiplication gives the total valuation of the cryptocurrency in the market.

3. Importance of Market Cap

Details: Market cap helps investors understand the size and dominance of a cryptocurrency compared to others. It's a key metric for comparing relative valuations in the crypto market.

4. Using the Calculator

Tips: Enter the current XRP price in USD and the circulating supply. Both values must be positive numbers. The calculator will compute the total market capitalization.

5. Frequently Asked Questions (FAQ)

Q1: Why use CoinGecko data?
A: CoinGecko is a reputable cryptocurrency data aggregator that provides accurate, real-time price and supply information.

Q2: What's the difference between market cap and fully diluted valuation?
A: Market cap uses circulating supply, while FDV uses total supply (including locked or future coins).

Q3: How often does XRP circulating supply change?
A: XRP's supply changes as the Ripple company releases coins from escrow, though these releases are predictable and scheduled.

Q4: Why is market cap important?
A: It helps assess a cryptocurrency's size, stability, and growth potential compared to others in the market.

Q5: Can market cap be manipulated?
A: While price can be manipulated in low-volume markets, circulating supply is typically verifiable on the blockchain.