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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Major Binance Announcement Concerning All Users: Details
TL;DR Binance is set to undergo a system upgrade on April 23-24, which may disrupt several services, including trading and user logins. The exchange regularly updates its platform, recently adding…
Solana’s Top Meme Coin Soars by 15% Following Support From Coinbase: Details
TL;DR The meme coin dogwifhat (WIF) surged by 15% following Coinbase’s announcement to add WIF perpetual contracts. Other assets of that type like Cat in a Dogs World (MEW), Dogecoin…
Bitcoin Faces Massive Volatility Amid Latest Developments on Iran-Israel Front (Market Watch)
Bitcoin’s price has been heavily impacted by the developments on the Israel-Iran front, as the asset plummeted below $60,000 last night before it soared to $65,000 after the latter reportedly…
Iran Reportedly Won’t Retaliate Immediately: Bitcoin Price Soars Toward $65K
As CryptoPotato reported earlier, the BTC price fell back below the important $60K level. This came following reports of explosions occurring close to Isfahan – near the airport of this…
Can BTC Hold Above $60K With $1.3B Bitcoin Options Set to Expire?
There are approximately 21,800 Bitcoin options contracts due to expire on Friday, April 19. These derivatives have a notional value of around $1.33 billion, which is marginally lower than last…
Bitcoin Vulnerable to 15% Drop from War or Terror Events: SkyBridge Capital’s Anthony Scaramucci
Last updated: April 19, 2024 01:44 EDT | 1 min read SkyBridge Capital founder Anthony Scaramucci said that war or terrorist attacks could potentially lead to a 10% to 15%…
China Opens e-CNY Research Institute, Appoints First Expert Panel
Last updated: April 19, 2024 01:31 EDT | 1 min read The e-CNY Research Institute has been inaugurated to support advancements of China’s central bank digital currency (CBDC). According to…
Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY
Last updated: April 19, 2024 01:16 EDT | 2 min read The Ethereum network reported a robust income of $365 million in the first quarter of 2024, an impressive year-on-year…
Bitcoin Price Prediction: BTC Hits $60,500 in Descending Channel, Potential Sell-Off Looms
Last updated: April 18, 2024 23:22 EDT | 2 min read Bitcoin price prediction Amid fluctuating market conditions, Bitcoin‘s price has dipped to $60,547, signaling a 1.74% decrease in the…
Russian Ministry Officials ‘Took BTC, ETH Bribes from Crypto Exchange Exec’
Last updated: April 18, 2024 19:30 EDT | 3 min read Russian Ministry of Internal Affairs officials took a $53.2 million Bitcoin and ETH bribe from a crypto exchange executive,…
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.