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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World Economic Forum Study Reveals 98% of Central Banks Are Eyeing CBDCs
Last updated: April 22, 2024 02:36 EDT | 1 min read The World Economic Forum (WEF) recently released a report investigating wholesale central bank digital currencies (wCBDCs). The document explored…
Bitcoin Transaction Fees Plummet to Single Digits After Record High of $128 on Halving Day
Last updated: April 22, 2024 02:29 EDT | 2 min read Bitcoin transaction fees experienced a significant drop just one day after reaching an all-time high average of $128 on…
Revolutionising the Road: Gaswizard’s Launch Marks a New Era in Mobility Solutions
Gaswizard, the long-awaited solution to the age-old challenges faced by drivers worldwide, has finally arrived. With its highly anticipated launch, Gaswizard introduces a new chapter in the story of mobility—a…
Bonk Price Prediction as BONK Becomes Best-Performing Coin in the Market – Can BONK Overtake Dogecoin?
Last updated: April 21, 2024 22:27 EDT | 2 min read Bonk Price Prediction Amid a vibrant market rally, the cryptocurrency Bonk price (BONK/USD) stands out, currently trading at $0.000021…
Shiba Inu (SHIB) Explodes 18% Daily, Bitcoin (BTC) Taps $65K (Weekend Watch)
Bitcoin’s price recovery continues following the recent massacres, and the cryptocurrency has jumped to about $65,000 as of now. The altcoins are even more in the green now, with ETH…
EY Launches Ethereum-Based OpsChain Contract Manager for Business Contracts
Ernst & Young (EY) has launched OpsChain Contract Manager (OCM), an Ethereum solution that leverages zero-knowledge proofs technology. The solution will help private businesses efficiently manage and execute intricate business…
Hong Kong Authorities Arrest Over 72 in Connection to JPEX Scandal
Hong Kong authorities have arrested over 70 individuals linked to the HK$1.6 billion JPEX cryptocurrency scandal that shook the city-state. According to the latest report by SCMP, approximately HK$230 million…
Blur Maintains Lead in NFT Marketplace, Clocks $1.5 Billion in Q1 Volume
Riding in the coattails of a broader market resurgence, the NFT trading space witnessed in 2024 Q1, with volumes across the top 10 marketplaces soaring to $4.7 billion. According to…
Korean Crypto Market Hit 2-Year High in Q1, KRW Beat the USD in This Metric: Kaiko
The Korean crypto markets have recently experienced a surge in trade volume, reaching heights not seen in over two years. According to a report from Kaiko, the first quarter of…
Solana Price Prediction as $6.5 Billion Trading Volume Sends SOL Above $140 – Are Whales Buying?
Last updated: April 20, 2024 17:09 EDT | 2 min read With a significant 24-hour trading volume of $2.97 billion and a price surge to $151.34, Solana showcases robust market…
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.