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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Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset Trading
Last updated: May 7, 2024 11:00 EDT | 1 min read Non-fungible token (NFT) platform Ethernity, said it has switched to an artificial intelligence (AI) enhanced Ethereum Layer 2 network…
The Future of K-Pop: OppaCoin’s Vision for AI Integration
Last updated: May 7, 2024 10:50 EDT | 1 min read OppaCoin, the first meme coin representing K-pop, is set to revolutionize the K-culture industry by combining cutting-edge AI technology….
SEC Slaps Robinhood With Wells Notice Over Securities Law Violations
Robinhood Markets Inc. has become the next crypto trading platform to receive a threat of legal action from the Securities and Exchange Commission (SEC), adding to the sizable list of…
Polkadot (DOT) Gearing up for a 120% Price Surge: Analysts
TL;DR DOT experiences a 10% weekly price surge, with bullish predictions suggesting potential spikes to $10 and beyond, particularly if it surpasses certain key resistance levels. Analysts previously envisioned further…
Football Legends Back Blockchain Sports’ Groundbreaking Athlete Tokenization Initiative
[PRESS RELEASE – Dubai, UAE, May 3rd, 2024] Blockchain Sports, an international sports project, leverages cutting-edge technologies including IoT, AI, VR, and blockchain to innovate the global football industry. The…
FSL Launches MOOAR Box Season 2 Rewards, Pioneering Gamified NFT Marketplace Experience
[PRESS RELEASE – Sydney, Australia, May 6th, 2024] This rewards system gamifies engagement on the MOOAR platform, enabling users to enter a raffle for the chance to receive rewards, including…
AI Coins Surge with Worldcoin, AIOZ Network, & eTukTuk Leading the Way
AI crypto projects are soaring as investors jump back on the bandwagon. Leading the charge are three players generating significant buzz – Worldcoin, AIOZ Network, and eTukTuk. These projects are…
Stacks, Moonriver, Hedera Network and Iron Fish Join Axelar’s Interchain Amplifier
Last updated: May 6, 2024 10:00 EDT | 1 min read Web3 cross-chain protocol Axelar has announced over 60 chains including Stacks, Moonriver, Hedera Network and Iron Fish have joined…
Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial
Last updated: May 6, 2024 08:47 EDT | 2 min read The Australian Federal Court has delivered a ruling mostly in favor of Australia’s markets regulator in its case against BPS Financial…
These Divisions Contributed Significantly to Tether’s Q1 2024 Profit of $4.52B
Earlier this week, the largest stablecoin issuing company, Tether, revealed that it made more than $4.52 billion in net profit in the first quarter of 2024. With the firm having…
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.