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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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…
Ex-FTX Europe Exec Purchases Titanic Gold Watch for $1.5M: Report
A former executive of the European arm of the bankrupt cryptocurrency exchange FTX has bought a gold pocket watch recovered from the Titanic wreck for £1.175 million ($1.5 million), the…
US Authorities Are Going After These Crypto Entities
Over time, the United States government, through its regulatory agencies, has filed cases against several crypto firms, demanding compliance for their products and services. While the list is extensive, some…
Bitcoin Maintains $63K, Dogecoin’s Rise Continues With Another 6% Surge (Weekend Watch)
Bitcoin’s price recovery tour took it to a multi-day peak of $64,500 yesterday, but the asset failed to continue upward and has retraced by over a grand since then. Most…
The Top Layer 2 Networks by Development Activity in April
While the crypto market witnessed significant bloodshed in April, layer-2 networks recorded substantial developer activity, signaling a strong belief in these projects despite the latest slumps in the value of…
Bitcoin Whales Bought The Dip, Netting 47,000 BTC In 24 Hours
Last updated: May 3, 2024 18:22 EDT | 1 min read Source: MidjourneyWhile many market segments panic-sold their Bitcoin (BTC) this week, the digital currency’s largest whales seem to have…
LayerZero Airdrop Snapshot Completed: ZRO Token Coming Soon
Last updated: May 3, 2024 18:15 EDT | 1 min read In a major step towards launching its native token, ZRO, cross-chain interoperability protocol LayerZero successfully completed its first airdrop…
Is the Ethereum Bull Market Back or is Another Dip Below $3K Imminent? (ETH Price Analysis)
Ethereum’s price is yet to continue its uptrend following a rejection from the $4,000 resistance level. But the bulls are now showing signs of strength, perhaps staging a more considerable…
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.