Ethereum Market Cap at $5,000 with 120M Supply
At $5,000 per ETH with 120,000,000 tokens in circulation, Ethereum's market cap would be $600 billion.
How to use this tool
- Enter the current price per token in dollars.
- Enter the circulating supply (not total or max supply).
- Read the market capitalisation in dollars and in billions.
Compute Ethereum's market cap if the price hits $5,000 with its current circulating supply.
Frequently asked questions
- What is market cap?
- Market capitalisation is the total value of all coins currently in circulation: price × circulating supply. It measures the relative size of a cryptocurrency.
- Why use circulating supply instead of total supply?
- Circulating supply represents tokens actually available to the market. Total or max supply includes tokens that may be locked, unvested, or not yet minted, which would overstate market cap.