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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US Trading Hours Drive 12% of Bitcoin’s 23% Monthly Gain: Matrixport
Last updated: February 26, 2024 03:05 EST | 1 min read Source: MidjourneyThe price of the leading cryptocurrency Bitcoin surged over 23% this month, crossing the $52,000 mark for the…
Chinese Authority Warns of Fake Digital Yuan App Scam
Last updated: February 26, 2024 02:34 EST | 1 min read Source: DALL·EThe Chinese Ministry of Industry and Information Technology (MIIT) has issued a warning about new fraudulent schemes involving…
Texas Miners’ Lawsuit Spurs EIA to Temporarily Halt Bitcoin Miner Survey
Last updated: February 26, 2024 02:01 EST | 1 min read Source: MidjourneyA US judge has temporarily halted the Energy Information Administration’s (EIA) attempt to enforce a mandatory survey on…
Tron Fee Revenue Hits ATH $1.758M High: Data
According to Tronscan data, Tron’s fee revenue soared to a record-breaking $1.758 million on February 20th. Tron’s revenue stems from fees levied on transactions, which are subsequently burned. This revenue…
Despite Bitcoin’s Soaring Success, Critics Still Lurking
European Central Bank advisors have described the U.S. Securities and Exchange Commission’s approval of spot Bitcoin exchange-traded funds in January as “the naked emperor’s new clothes” in their latest blog…
Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program
[PRESS RELEASE – George Town, Grand Cayman, February 24th, 2024] Staking program amassed over $129M TVL in less than 24 hours Zircuit, a security-focused zero-knowledge rollup backed by pioneering L2…
Solsniffer Is The First Token Sniffer On Solana About To Set A New Security Standard
[PRESS RELEASE – Montreal, Canada, February 24th, 2024] Solsniffer, the first blockchain intelligence tool for the Solana blockchain, is now live! Bonk’s explosive rise gave Solana an impressive boost in…
Is Bitcoin About to Plummet Toward $50K or is Another Rally Incoming? (BTC Price Analysis)
Bitcoin’s price has entered a sideways consolidation phase following a notable surge toward the $52K resistance level, leaving market participants uncertain about its next direction. However, a short-term correction seems…
Public Input Sought by SEC on Bitwise, Grayscale Bitcoin ETF Options
Last updated: February 24, 2024 11:00 EST | 2 min read Source: MidjourneyThe United States Securities and Exchange Commission (SEC) has opened the floor for public comments regarding a proposed…
Request Made for Binance’s Changpeng Zhao to Surrender Passports Before Sentencing
Last updated: February 24, 2024 03:30 EST | 2 min read Source: MidjourneyThe United States Attorney’s Office has made a formal request to a federal judge seeking additional travel restrictions…
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.