Market Cap

Market capitalization, or "market cap," represents the total dollar market value of a token while it's being traded on FuelUp.

Market cap is displayed on the top of a token's page

Market cap is displayed on the top-left of a token's page

As more and more tokens are bought, the price of the token goes up and the market cap increases.

NOTE -

FuelUp only shows the market cap of a particular token until the token is bonded.

Market Cap Calculation on FuelUp

Formula -

$$marketcap = 1,000,000,000 * tokenPriceInUSD$$

Since the total supply of the token is 1 billion, to calculate the market cap we multiply it by the current token price in USD.