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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Cardano Price Prediction: Technical Analysis Supports a Rise to $0.50 – What’s Fueling This Optimism?
Cardano (ADA) Chart / Source: TradingView Cardano (ADA) is pulling back on Friday after hitting its highest level since April on Thursday near $0.41 per token. ADA was last changing…
Crypto Platform Strike and Checkout.com Partner to Bring Bitcoin Buying to 65+ Countries
Source: Pixabay / WorldSpectrum Bitcoin (BTC) wallet and payment platform Strike has partnered with Checkout.com to enable debit-card-based Bitcoin purchases in over 65 countries. Strike leverages Bitcoin’s lightning network to…
An ETF is More Important to Bitcoin Than to Ethereum, Says Bitwise
With U.S. spot Ethereum (ETH) ETFs now a realistic prospect, some experts are questioning whether their approval will impact the market as much as a Bitcoin (BTC) equivalent. Bitwise –…
South Korean Pension Fund Giant Invests $20 Million in Coinbase Shares in Q3 2023
South Korea’s National Pension Service (NPS), which is one of the largest pension funds in the world, bought approximately $20 million worth of Coinbase stock (COIN), an investment that has…
NYDFS Releases Guidance on Listing and Delisting of Crypto Assets
The New York State Department of Financial Services (NYDFS) has published a set of new rules guiding the listing and delisting of digital assets to ensure the activities of crypto…
Cardano’s (ADA) Current Trend Mirrors 2018-2020 Phase; Can it Reach $0.75 by December’s End?
Cardano’s native token experienced an upsurge, alongside various alternative cryptocurrencies, fueled by growing optimism among investors in the broader market. With a remarkable monthly gain exceeding 55%, ADA reached a…
US Judge Dismisses Class Action Lawsuit Against Tether and Bitfinex
A United States judge has concluded the dismissal of a class action lawsuit against stablecoin issuer Tether and its affiliate crypto exchange Bitfinex, two years after the plaintiff made a…
GS Partners Accused of Defrauding Crypto Investors in Metaverse Schemes
Regulators crack down on GS Partners for allegedly fraudulent metaverse crypto offerings. Image by Aliaksandra, Adobe Stock. California, Texas, and several other U.S. states have cracked down on GS Partners, accusing…
Binance Japan Adds 13 New Crypto Pairs
Source: Iryna Budanova/Adobe The crypto exchange giant Binance is hoping to corner the Japanese market by expanding its crypto pairing offerings by 13. The firm launched in Japan in August…
GOP Candidate Ramaswamy Would Reduce Govt Involvement in Crypto If Elected
GOP Candidate Vivek Ramaswamy Source: YouTube/NBC News The 2024 United States presidential candidate, Vivek Ramaswamy, has disclosed his plans to curb the Securities and Exchange Commission’s (SEC) control and government…
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.