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What is Micro Cap?

Crypto Terms Glossary: What is Micro Cap?

In the blockchain space, "micro cap" refers to a cryptocurrency asset that has an extremely small market capitalization. The market capitalization, or total value of a cryptocurrency asset and its underlying blockchain enterprise, is determined by the number of circulating coins that are accessible to the public, multiplied by the price per coin. As a subjective term, there is no specific market cap threshold that signifies an asset is a micro cap coin.

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