I have seen a lot of new money coming into the cryptocurrency scene lately. Inevitably, these new people make mistakes, and instead of making fun of them or preying on them, let's grow the community by educating them. I'm going to try to make this a recurring series with different lessons, but what I would like to focus on for this post is market capitalization.
What is market capitalization? When it comes to the stock market, capitalization is defined as "the value of a company that is traded on the stock market, calculated by multiplying the total number of shares by the present share price." When it comes to cryptocurrency, the "shares" are the coins or tokens, and the "company" is the platform, asset, or currency.