Today's Cryptocurrency Prices by Market Cap
Coins HD ranks and scores coins based on marketcap, trading volumes, and price.
# | Name | Price | Changes 24H | Changes 7D | Changes 30D | High 24H | Low 24H | Market Cap | Volume 24H | Price Graph (7D) |
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Victim Recovers Funds After $71 Million ‘Address Poisoning’ Attack – Here’s What Happened
Last updated: May 12, 2024 04:00 EDT | 2 min read A victim who fell prey to a sophisticated ‘address poisoning’ attack has successfully recovered almost all of the stolen…
Erik Voorhees, ShapeShift Founder, Unveils Privacy-Focused AI Platform ‘Venice’
Last updated: May 11, 2024 12:00 EDT | 2 min read Erik Voorhees, the founder of popular cryptocurrency exchange ShapeShift, has unveiled his latest venture called “Venice AI.” The new…
Bitcoin Price Prediction as BTC Hits $60k After FED’s Rate Cut Comments – What’s Next?
Last updated: May 11, 2024 11:32 EDT | 2 min read Bitcoin Price Prediction Bitcoin (BTC/USD) recently crossed the $60,000 threshold, only to face new challenges from Federal Reserve sentiment….
Calm Before the Storm? DOT Eyes This Level to Trigger Mass Liquidations (Polkadot Price Analysis)
Polkadot’s recent price action has been characterized by steady but uncertain movements within a defined range, highlighting a balance between buyers and sellers. However, a decisive breakout from this range…
BTC Price Analysis: Bitcoin’s Consolidation About to End as Major Move Seems Imminent
Bitcoin’s price rally has come to a halt over the last couple of months as the market consolidates. Yet, things are about to change soon, either for the better or…
Solana Meme Coin Penguiana Raises 800 SOL In The First 7 Days Of Presale, Set To Release P2E Game Demo Next Month
[PRESS RELEASE – Dubai, UAE, May 10th, 2024] Penguiana, the latest penguin-themed Solana meme coin, has successfully raised over 800 SOL during the initial week of its presale. The Penguiana…
What is BounceBit: Liquid Restaking on Bitcoin
The concept of liquid restaking, a topic that has gained significant popularity in recent quarters, offers users the exciting possibility to extract additional value from their staked tokens. Predominantly, however,…
Core Scientific Sees Revenue Surge in 1Q24 Post-Bankruptcy Emergence
The leader in Bitcoin mining has announced its financial performance for the first quarter of 2024, revealing an improvement since its emergence from bankruptcy. The company reported a net income…
EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable
Last updated: May 11, 2024 05:11 EDT | 2 min read Ethereum restaking protocol EigenLayer has initiated its token-claim process, commonly referred to as an “airdrop,” for Season 1, Phase…
Wells Fargo Banks Has Invested $143 Million In Bitcoin, Filing Reveals
Last updated: May 10, 2024 17:19 EDT | 1 min read Wells Fargo, the third largest bank in the United States, has invested in one of the country’s new Bitcoin…
What is Crypto Market Cap?
Cryptocurrency market capitalization, often referred to as “crypto market cap,” represents the combined worth of all issued coins for a specific cryptocurrency. It’s a pivotal metric used to gauge the relative size of a cryptocurrency in the market. A cryptocurrency’s market cap is derived by multiplying its current price with the total number of its coins that have been mined or are currently in circulation. For example, to determine Ethereum’s market cap, simply multiply its current price by the total circulating Ethereum coins. A higher market cap indicates a more significant market presence and influence of that particular cryptocurrency.
How to compare Cryptocurrencies Market Cap?
Cryptocurrencies, based on their market capitalization, can be segmented into three primary tiers:
Large-cap Cryptocurrencies: Valued at over $10 billion, these are the giants of the crypto world. Examples include Bitcoin and Ethereum. These coins are characterized by their established presence, widespread adoption, and a robust ecosystem. They often have a strong community of developers who not only maintain and refine the existing protocol but also innovate by building new projects atop these platforms.
Mid-cap Cryptocurrencies: These fall between $1 billion and $10 billion in market cap. They might not be as established as the large-cap coins but have shown potential for growth and have garnered a significant amount of attention and investment. Their ecosystems are growing, and they often represent newer technologies or unique value propositions in the crypto space.
Small-cap Cryptocurrencies: Valued at less than $1 billion, these are the emerging players. While they offer high-reward potential due to their lower valuation, they also come with increased risks. Their ecosystems might still be in the nascent stages, and they could be more susceptible to market volatility.
When comparing cryptocurrencies using market cap, it provides a straightforward way to gauge their relative sizes and standings. However, it’s crucial to approach this metric with caution. Some cryptocurrencies might exhibit inflated market caps due to aggressive price movements or the structure of their token supply. Therefore, while market cap serves as a useful reference point, it’s essential to complement it with other indicators like trading volume, liquidity, the fully diluted valuation, and a thorough analysis of the project’s fundamentals. This holistic approach ensures a more informed and balanced perspective when evaluating cryptocurrencies.