If you are searching for market cap meaning, you are likely trying to understand one of the most quoted numbers in crypto, and one of the most misunderstood. Market cap, short for market capitalisation, is often used to rank coins, compare projects, and judge whether something is “big” or “small.” But market cap is not the same as liquidity, and it does not automatically mean a token is safe, cheap, or expensive.
For Australian traders, market cap matters because it affects volatility, the chance of large price moves, and whether a coin can realistically attract institutional flows. It also helps explain why Bitcoin and Ethereum behave differently than small meme coins during market crashes, squeezes, and hype cycles.
This article explains market cap meaning in simple terms, then shows how investors and traders can use it properly, especially when trading on Gate.com.