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) |
---|
Best Crypto to Buy Now April 26 – Litecoin, Neo, Ethereum Classic
Last updated: April 26, 2024 18:01 EDT | 3 min read Best Crypto to Buy Now April 26 – Litecoin, Neo, Ethereum Classic / Source: CryptonewsWith major cryptocurrencies trading with…
Bitcoin Maintains $64K Despite Growing ETF Outflows, NEAR Jumps 7% Daily (Market Watch)
Despite the growing outflows from the US spot Bitcoin ETFs, the cryptocurrency’s price has remained relatively stable at just over $64,000. The altcoins are a lot less volatile today, with…
Consensys Files Lawsuit Against SEC Over Ethereum Regulation
Consensys has taken legal action against the U.S. Securities and Exchange Commission (SEC). The lawsuit, filed on Thursday, aims to stop an impending SEC crackdown on Consensys’ MetaMask wallet and…
Big News for Shiba Inu (SHIB): Team Member Posts Shibarium Roadmap Hints
TL;DR Shibarium plans further developments, including enhancements to the ShibaSwap platform and the launch of the TREAT governance token. The L2 blockchain solution experienced a brief network outage but swiftly…
MeWe Launches a Community Invest Round via WeFunder
[PRESS RELEASE – Venice, United States, April 26th, 2024] MeWe a Social Network With more than 780,000 Active Users on the Polkadot Blockchain Opens Community Investment Round to Allow Users…
PropyKeys Onboards 150k Addresses Onchain
[PRESS RELEASE – Miami, FL, April 26th, 2024] PropyKeys sees 150k addresses minted onchain just weeks after the platforms launch marking rapid growth and adoption PropyKeys, a pioneering ecosystem project…
Cboe to Wind Down Spot Crypto Trading Platform to Consolidate Services
Last updated: April 26, 2024 01:18 EDT | 1 min read Cboe plans to close its spot crypto trading platform by Q3, with cash-settled crypto futures moving to the Cboe…
FBI Warns Americans Against Using Unregistered Crypto Money Transmitters
Last updated: April 25, 2024 23:41 EDT | 2 min read The US Federal Bureau of Investigation (FBI) has issued a warning to Americans regarding the use of crypto money-transmitting…
Bitcoin ETF Outflows Hit $120M as BTC Price Slipped by $4K Daily
After a few days of hovering above $66,000, bitcoin (BTC) has dropped to a low of $63,500 amid heightened volatility. Coincidentally (or not), the amount of outflows from the United…
Important Ripple v. SEC Lawsuit Developments, Bitcoin (BTC) Volatility, and More: Bits Recap April 25
TL;DR Bitcoin (BTC) rose significantly post-halving, hitting $67K, but recently dropped to $64,000. Future projections suggest a potential rise to $150,000 by end of 2024. Ripple is currently in a…
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.