The crypto market cap is important because it can act as a rough metric for potential investors about how stable a certain coin is. Essentially, the crypto market cap is a measure of the popularity of a particular cryptocurrency coin. For those investing in crypto or interested in its long-term growth, cryptocurrency coins with large market caps can represent the high popularity of the coin and a raised potential for long-term growth. These coins have a longer-term track record of growth and can generally withstand more people cashing out their coins before the price significantly drops.

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