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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Sweden Busts 18 Data Centers for Secretly Mining Crypto
Last updated: April 18, 2024 01:41 EDT | 2 min read Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining,…
Citadel-Backed Hidden Road Partners Targets $120M in Series B
Last updated: April 18, 2024 00:24 EDT | 1 min read Hidden Road Partners, Citadel Securities-backed prime brokerage, plans to raise $120 million in its Series B funding round, aiming…
Binance Plots Comeback to India with $2M Penalty: Report
Last updated: April 18, 2024 00:19 EDT | 1 min read Crypto exchange Binance is considering re-entering India’s market after having been banned there in late 2023. The potential re-entry…
Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’
Last updated: April 17, 2024 23:00 EDT | 1 min read An escaped South Korean criminal suspect reportedly stole almost $362,000 worth of cash in an armed robbery on an…
Important Ripple vs. SEC Lawsuit Update: Here’s the Next Step
TL;DR Ripple’s Chief Legal Officer touched upon the recent rumors of a settlement between the company and the US SEC, outlining key court dates set for April and May. The…
BTC Still Shaky Below $64K Days Ahead of Halving, NEAR Soars 6% (Market Watch)
Bitcoin’s price movements continue to be quite underwhelming as the asset failed to overcome the $64,000 level and has remained just below it. Most altcoins are also quite sluggish, with…
HashKey Global Announces Listing of MERL Token with 200,000 MERL Prize Pool Campaign
[PRESS RELEASE – Bermuda, Hamilton, April 17th, 2024] HashKey Global, the flagship global digital asset exchanges under HashKey Group, is thrilled to unveil the initial listing of Merlin Chain (MERL)…
OSEAN DAO Celebrates Company Registration Milestone and Announces an Upcoming 5 Million $OSEAN Airdrop
[PRESS RELEASE – Majuro, Marshall Island, April 17th, 2024] OSEAN DAO is advancing rapidly: With company registration on the horizon, the organization is preparing to acquire its first boat and…
UAE’s Klickl Secures ADGM Financial Services Permission, Revolutionizing Finance with Integrated Tradefi and Web 3.0
[PRESS RELEASE – Dubai, United Arab Emirates, April 17th, 2024] Klickl International, a forward-thinking provider of financial infrastructure based in Abu Dhabi, is pleased to announce its recent accomplishment of…
OKX Exchange to List WIF and MEW for Spot Trading
The popular OKX Exchange is set to introduce spot trading for WIF and MEW, providing users with more options for trading digital assets. Stay tuned for this exciting new development in the crypto world!
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.