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) |
---|
Reddit Is Invested In Bitcoin and Ethereum, SEC Filing Shows
Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday in a bid to go public on the New York Stock Exchange…
Gauntlet Will End Contract With AAVE DAO
Aave, the popular decentralized lending platform belonging to the company now known as Avara, will have to look for a new company to provide risk management services following its recently…
Japanese Mega-firms Mitsubishi UFJ, Rakuten, Mizuho to Launch Security Tokens Offering
Last updated: February 22, 2024 18:30 EST | 1 min read Security tokens are set for a boost in Japan, where business giants including Mitsubishi UFJ, Mizuho Bank, and Rakuten…
Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival
Last updated: February 22, 2024 17:59 EST | 1 min read Source: AdobeStockBitcoin ETFs had their first day of net negative outflows for the month of February on Wednesday– a…
Reddit Holds Bitcoin (BTC) and Ether (ETH), According to IPO Filing
Last updated: February 22, 2024 16:53 EST | 1 min read Source: DALL·E Household social media platform Reddit holds Bitcoin (BTC) and Ether (ETH), according to a public IPO filing….
Fairshake Super PAC Receives $4.9 Million Funding from Winklevoss Twins
Fairshake, a Super PAC supporting candidates favorable to cryptocurrency and blockchain technology, has garnered $4.9 million in funding, with contributions from billionaire brothers Cameron and Tyler Winklevoss. The Winklevoss twins,…
Arthur Hayes Says Cardano Is A ‘Shitcoin’ – Here’s Why
Cardano (ADA) is a “shitcoin” without purpose that has no distinct advantage over competitors, according to BitMEX co-founder Arthur Hayes. “Who gives a fuck? Zero?” said Hayes when asked “What…
Montenegro Court Approves Do Kwon’s Extradition to the United States: Report
Nearly a year after his arrest in Montenegro, Terraform Labs co-founder and former CEO Do Kwon is reportedly set to be extradited to the United States to face criminal charges….
Citrea, Bitcoin’s First ZK Rollup, Announces $2.7M Seed Funding
[PRESS RELEASE – Grand Cayman, Cayman Islands, February 21st, 2024] Citrea is the first rollup that enhances the capabilities of Bitcoin blockspace with zero knowledge technology, enabling developers to build…
South Korean Crypto Chat App Channel Scams on the Rise, Warn Police
Last updated: February 21, 2024 18:30 EST | 2 min read South Korean crypto scammers are targeting chat app users on trading- and investment-themed channels, police warned on February 21….
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.