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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Ethereum’s Vitalik Buterin Challenges Hype: Metaverse Is Still Misunderstood
Metaverse has gained tremendous traction over the past couple of years, grabbing the attention of large companies across the world. But Ethereum co-founder, Vitalik Buterin, believes the concept of the…
Scotty the AI Surges 100% Following ICO – Could Dogecoin20 Explode Next?
Meme coins are back this week, with Scotty the AI (SCOTTY) continuing to impress since its Uniswap debut. The Scottish Terrier-themed token has more than doubled in price, highlighting the…
Scorpion Casino’s Crypto Presale Has Announced A Limited-Time Easter Promotion
[PRESS RELEASE – London, United Kingdom, March 27th, 2024] Scorpion Casino, the unique online gaming platform, is thrilled to announce its exclusive Easter Bonus Promotion, available from March 27th to…
PlanB’s Poll Shows Strong Belief in Bitcoin’s $100k Milestone by 2024
With the Bitcoin halving drawing near, market participants are contemplating whether the asset has reached its peak or if there’s further room for growth and when the next upward shift…
Vitalik Buterin Suggests New Way To Decentralize Ethereum Staking
Last updated: March 27, 2024 12:29 EDT | 2 min read Ethereum staking has a looming centralization problem – but the network’s co-founder Vitalik Buterin proposed a new way to…
Sui and Revolut Launch Global Partnership
Last updated: March 27, 2024 10:52 EDT | 2 min read Layer 1 blockchain Sui announced a partnership and collaboration with the banking service provider Revolut. According to the press…
Crypto Firm Copper’s London Party Raises Eyebrows Over Sushi Served on Models
Last updated: March 27, 2024 10:49 EDT | 2 min read Crypto custody firm Copper reportedly threw a London party where attendees were served sushi off two partially-clad models. The…
Near Foundation Introduces Chain Signatures and Multichain Transactions
Last updated: March 27, 2024 10:21 EDT | 2 min read The Near Foundation, which supports the Layer 1 Near Protocol, has announced that it now supports chain signatures. This…
Sablier Labs Secures $4.5M Seed Funding to Revolutionize Token Streaming
Sablier Labs has successfully secured $4.5 million in seed funding, a significant step towards revolutionizing token streaming. The startup aims to redefine how payments are made in the digital era.
FTX Gets Two Dozen Buyers to Sell Majority of its Stake in Anthropic for $884 Million
FTX is looking to sell a majority of its shares in artificial intelligence startup Anthropic to over 20 buyers, including an Abu Dhabi investment company and Jane Street Global. The…
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.