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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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…
Can Bitcoin Spark (BTCS) Replicate the Massive Solana Price Rally?
Solana came and made waves in the crypto market, creating many crypto millionaires with its monumental rise. The market continues going up, and even though it has been consolidating throughout…
RUNE Soars 40% Weekly as THORChain Claims 2nd Place in DEX Daily Trading Volumes
THORChain, a native asset settlement protocol, is now the second-largest decentralized exchange (DEX). Its native token, RUNE, has experienced a significant increase over the last week amid the aforementioned development….
Uphold Expands Partnership with IMVU: Enabling Web3 Payments in the Metaverse
[PRESS RELEASE – London, United Kingdom, November 13th, 2023] With the aim to build engagement in the metaverse and streamline the digital payments process, IMVU integrates Topper by Uphold to…
Bitcoin Price Prediction as Bulls Try to Hold $37,000 Support – Here are Key BTC Levels to Watch
Weekly Bitcoin (BTC) Chart / Source: TradingView The Bitcoin (BTC) price, last trading in the $36,700s, continues to take a breather after breaking out to fresh yearly highs near $38,000…
Hackers Loot $60 Million From Ethereum Wallets With Create2 Code
Source: Pixabay Hackers stole more than $60 million worth of crypto in six months from Ethereum wallets with Create2, according to on-chain sleuth ScamSniffer. On Sunday, X user ScamSniffer claimed…
Spanish Regulators Crack Down on Crypto Ad Violations, Hint at Probing X
Source: Pixabay Spain’s securities market regulatory body said it had begun investigating its inaugural case pertaining to a potential violation of regulations governing large-scale advertising campaigns for crypto assets. The…
Crypto Exchange Bitget to Cease Operations in Hong Kong – What’s Going On?
Source: AdobeStock / Rafael Henrique Digital asset exchange, Bitget has announced its planned exit from the Hong Kong market on December 13, 2023, citing certain business concerns. In a Nov…
U.S. Financial Services Committee to Discuss “Illicit Activity in Digital Assets” at Wednesday Hearing
The Financial Services Committee is holding a hearing on Wednesday, November 15th, to discuss “illicit activity in digital assets,” including money laundering, terrorist financing, and the role of law enforcement…
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.