Mid cap refers to those listed companies whose market capitalization ranges from $1 to $10 billion. The cryptocurrency market is predominantly divided into three categories large, mid, and small-cap.
Based on a cryptocurrency's market capitalization, we can determine its dominance and popularity throughout the market. The market capitalization of a token is calculated by multiplying the price of one token with the total number of tokens in circulation.
Mid caps have comparatively lesser volatility as compared to small caps while significantly reducing the risk factors while investing. At the same time, mid-cap ensures growth and scope of further expansion, something that is appealing to the investors.
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