What does market cap mean
What does market cap mean? What does market cap mean? Market CAP is a price that represents asset prices and trading volume based on specific tokens in the market. This name is used in some popular applications in the market, such as DeFi, NFT, or Gamefi
Specifically, it is a definition of Market Cap, which is a market composed of smart contracts. Its goal is to allocate the proportion of tokens among all major exchanges (such as Uniswap and Balancer), and then rank the Cryptocurrency they want to sell according to these tokens. If a project’s token is listed as a part of the market, then the project can benefit from it. That is to say, a token that can be automatically distributed to others through this platform will have value. (For example, liquidity mining on Dex), this means that the fund pool will charge a discount price to purchase tokens and provide corresponding services to others.
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