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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Bitcoin (BTC) Price Taps $67K, Ethereum (ETH) Climbs Above $3.1K (Weekend Watch)
Bitcoin’s most recent run continued in the past 24 hours as the asset’s price climbed to its highest price in over a month at just over $67,400 yesterday. Ethereum has…
ChatGPT Analyzes Which AI Coin Will Be Top Performer in 2024
TL;DR ChatGPT predicts these two AI cryptocurrencies have the best chance to emerge as top performers due to their strong growth potential and advanced technology. Despite its current leadership, Internet…
Here’s When the Current Bitcoin Bull Cycle Will End: CryptoQuant CEO
Bitcoin’s price performances for the past ten years or so have been dominated by bear and bull cycles. In general, the BTC halving is regarded as the catalyst for the…
Billionaire Telegram Founder Pavel Durov Holds $7 Million in Notcoin, Pledges to Hold Until 100x
Last updated: May 18, 2024 04:00 EDT | 2 min read Pavel Durov, the founder of Telegram, has received a generous donation from over half a million players of the…
Turkey Drafts Crypto Bills To Align With International Standards
Last updated: May 17, 2024 17:47 EDT | 2 min read In a major move, Turkey drafted a crypto bill, tabled by the ruling party (AK Party) Group Chairperson Abdullah…
Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217
Last updated: May 17, 2024 17:30 EDT | 2 min read Bank of America (BAC) upgraded its rating on Coinbase (COIN) shares from underperform to neutral on Friday and raised its…
LINK Explodes 18% Daily, BTC Maintains $66K as Bitcoin ETF Inflows Continue (Market Watch)
Bitcoin’s price tapped a multi-week high yesterday at around $66,600 before it was pushed down by about a grand but has reclaimed the $66,000 level as of now. Several altcoins…
This is Ripple’s Most Important Exec, According to the Company’s CTO
TL;DR Ripple CTO David Schwartz considers this co-founder the most important person in the company’s history for his early commitment, among other reasons. Attorney John E Deaton believes CEO Brad…
Why Did Coinbase’s (COIN) Shares Dump 9.5% on Thursday?
Coinbase became arguably the most important crypto player in the US this year as numerous ETF providers, including BlackRock, chose the platform to serve as custodian to their Bitcoin exchange-traded…
Margex Includes Kaspa Deposit and Withdrawal to Other Existing Features
[PRESS RELEASE – Victoria, Seychelles, May 16th, 2024] Margex, a cryptocurrency trading platform boasting ultra-convenient and user-friendly copy trading, is excited to announce Kaspa deposit and withdrawal. Kaspa is 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.