When the market capitalization of a given organization or company is higher or equal to $10 billion, it is categorized as a large-cap. Similarly in the world of cryptocurrencies, when a token’s valuation exceeds $10 billion, it is known as a large-cap token.
The market capitalization of a token is calculated by multiplying the price of a single token with the total number of tokens in supply. Any large-cap project tends to have a long-standing history within the market. This creates a safer option for all the investors.
When it comes to operations, large caps tend to offer more authenticity and transparency. Users can easily access all the relevant information required to make calculated decisions. For publicly traded large-cap companies, they are also obligated to share periodic financial statements with the investors.