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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Opyn Co-Founders Step Down Amid Regulatory Pressures
The co-founders of Opyn, a prominent DeFi options protocol, have announced their departure from the company and the crypto industry. This decision comes in the wake of charges filed against…
This Whale is Cashing Out Millions as Bitcoin (BTC) Price Correction Looms
A Bitcoin whale has entered a massive selling spree, offloading 411 Bitcoin for about $15.2 million. According to data from Lookonchain, the whale first converted the Bitcoin to Wrapped Bitcoin…
Bitcoin Miners Reach Annual High Revenue of $44 Million
The Bitcoin (BTC) mining community achieved an annual all-time high (ATH) on November 12, amassing $44 million in combined block rewards and transaction fees. This milestone, the highest for the…
“Mutant Ape Planet” NFT Designer Pleads Guilty to Fraud, Faces 5 Years in Prison
Aurelien Michel, the 25-year-old designer of “Mutant Ape Planet” NFTs, pled guilty to conspiring to commit wire fraud at the federal courthouse in Brooklyn, New York, on Tuesday. A $3…
OKX Collaborates with Polygon Labs to Launch Testnet of X1, A High-Performance zkEVM Layer-2 Network
OKX partners with Polygon Labs to test new layer-2 network X1. Image by AndriiKoval, Adobe Stock. On Tuesday, the sixth largest cryptocurrency exchange OKX announced a partnership with blockchain platform…
K-pop Agency Modhaus Announces $8 Million Series A Investment
Source: Pixabay A South Korean blockchain-based K-pop startup has raised $8 million in its series A funding round. Modhaus announced in a statement today that the series A funding round…
Countdown to Ethereum Exposé: Insider Promises Proof of Vitalik Buterin’s Alleged Fraud in 48 Hours
An insider promises information showing Ethereum co-founder Vitalik Buterin’s purported fraud. Image by FellowNeko, Adobe Stock. An insider with intimate knowledge of Ethereum’s origins has promised to soon reveal alleged…
Top Crypto Gainers Today on DEXTools – GROK2.0, MUBI, WEB
DEXTools Logo / Source: DEXTools X Account Crypto markets are succumbing to sell pressure on Tuesday as traders take profit in wake of strong gains nearly across the board in…
Digital Asset Investments Hit $1.14 Billion YTD: CoinShares
Digital asset investment products saw inflows amounting to $293 million over the past week. This extended a seven-week streak of inflows surpassing the $1 billion milestone. Year-to-date inflows now stand…
Tether Plans to Obliterate Some Web2 Services Next Year With 5 New Projects
Tether, the issuer of the world’s largest stablecoin USDT, is planning to launch five new projects in 2024, further expanding its reach beyond stablecoin issuance. Tether CEO Paolo Ardoino hinted…
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.