price times supply. the aggregate measure of commitment to a token. reflects where demand meets value
cap captures the total value the market assigns to a token at a given moment. it is the product of the current price per unit and the circulating supply.
in cyber, cap serves as a ranking signal. tokens with higher cap carry greater weight in the economic graph, reflecting deeper consensus around their utility.
cap changes continuously as price moves. a rising cap means the network values a token more; a falling cap means demand is retreating relative to supply.
fully diluted cap accounts for all tokens that will ever exist, including those yet to be minted. circulating cap counts only tokens already in the hands of neurons.
the ratio of cap to staking volume reveals commitment depth. a high cap with low stake suggests speculative interest. a high cap with proportionally high stake signals conviction.
neurons use cap alongside price, supply, and demand to evaluate the health and trajectory of any token within the cyber ecosystem.
cap is the economic mirror — the single number that reflects collective belief in a token's future.
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