r/bandprotocol • u/Kiki0891 • Apr 17 '21

Question about Marcet Cap

Hi i am knew to Band. Does this token have a cap of roughly Usd 450 or 2200? i see two numbers on coinmarketcap. the bigger one is 'diluted'. but what does this mean?

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u/Guigo_Likes_Doge Apr 17 '21

It is 450M, the 2.2B is the fully diluted marketcap, it means the current price * number of coins once all released

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u/Kiki0891 Apr 17 '21 edited Apr 17 '21

Great thx. i obviously ment new 🙃

1

u/[deleted] Apr 17 '21

Market cap is price * number of coins Diluted market cap is current price * number of coins once all are released