In the description of currencies, what is the difference between market capitalization and fully diluted market cap?

The difference between market capitalization and fully diluted market cap is in how each is calculated:

1. *Market Capitalization*:

- Market cap is calculated by multiplying the current price of the digital currency by the number of coins in circulation.

- The formula is: Market cap = Current price × Number of coins in circulation.

- Market cap reflects the total value of the digital currency based on the current supply.

2. *Fully Diluted Market Cap*:

- Fully Diluted Market Cap is calculated by multiplying the current price of the digital currency by the total number of coins that can be issued.

- The formula is: Fully Diluted Market Cap = Current price × Total number of coins.

- Fully Diluted Market Cap reflects the total potential value of the digital currency if all possible coins are issued in the future.

In other words, market cap only takes into account coins that are currently issued and in circulation, while fully discounted market cap takes into account all coins that could be issued in the future.