![Crypto Terms Glossary: What is Mid Cap? Crypto Terms Glossary: What is Mid Cap?](/img/125/894/what-is-mid-cap-sm.webp)
In the blockchain space, "mid cap coin" refers to a cryptocurrency asset that has a medium-sized 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 that an asset is a mid cap coin.