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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Bitget Announces Listing of ABBLE (ABBL): The Latest Meme Token on Solana
[PRESS RELEASE – Victoria, Seychelles, March 28th, 2024] Bitget, a world leading cryptocurrency exchange and Web3 company, is pleased to announce the listing of ABBLE (ABBL), the newest addition to…
Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains
[PRESS RELEASE – Grand Cayman, Cayman Islands, March 28th, 2024] March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange…
StakeLayer Launches The First Bitcoin Restaking L2, as BlackRock Shows Institutional Crypto Interest
[PRESS RELEASE – Budapest, Hungary, March 28th, 2024] The recent news of BlackRock, a major investment giant, entering the cryptocurrency market sent shockwaves through the industry. This move signifies growing…
Ethereum ‘Blobs’ Unleash Activity Reminiscent of Bitcoin Ordinals’ Early Days
Similar to the early stages of Bitcoin Ordinals, Ethereum users are creating inscriptions with the help of ‘blobs,’ which were introduced to the network as part of its Dencun upgrade…
Why is the Dogecoin (DOGE) Price Up Today?
Dogecoin is showing strength and appears determined to make new yearly highs. In the following, we take a look at a few technical indicators that might provide some insights into…
Western Europe Sees 1.5 Million in Daily Crypto Traders Amid Market Rebound: Bitget
Last updated: March 28, 2024 08:03 EDT | 2 min read https://cimg.co/wp-content/uploads/2024/03/28142323/1711635803-ee1f997e-89ce-4b2c-80e8-803ef34ec883.mp3 Listen to Article 00:00 / 00:00 Western Europe has emerged as a leading region in global crypto adoption,…
Web3 Gaming Platform Elixir Raises $14M Funding From Solana Foundation and Square Enix
Last updated: March 28, 2024 06:57 EDT | 1 min read Web3 gaming platform Elixir Games has raised a $14 million seed funding round from Square Enix, the Solana Foundation…
HashKey Partners with Victory Securities for Enhanced Custody and Trading Services
Last updated: March 28, 2024 06:16 EDT | 1 min read HashKey Exchange has formed a strategic partnership with Victory Securities to enhance virtual asset services in Hong Kong. In…
Fantom (FTM) Foundation CEO Reveals Exciting Plans for Sonic’s Launch and Future Development
The Fantom (FTM) Foundation CEO has set the stage for an exciting launch of Sonic, with ambitious plans for its future development. Stay tuned for the latest updates on this groundbreaking project!
Ethereum’s Vitalik Buterin Challenges Hype: Metaverse Is Still Misunderstood
Metaverse has gained tremendous traction over the past couple of years, grabbing the attention of large companies across the world. But Ethereum co-founder, Vitalik Buterin, believes the concept of the…
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.