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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Sam Altman’s Departure from OpenAI Triggers a Sharp Decline in Worldcoin’s Value – What’s Going On?
Source: A screenshot, worldcoin.org The recent announcement of Sam Altman‘s departure from OpenAI has triggered a sharp decline in the value of Worldcoin’s WLD token. At the time of writing,…
Coinbase Unveils New Protocol for On-Chain Payments
Leading U.S. crypto exchange Coinbase has launched a new protocol for on-chain payments. The new open-source Onchain Payment Protocol is an update to Coinbase’s Commerce product. According to a blog…
CoinShares Sets Sights on US Crypto Market with Valkyrie ETFs Acquisition Option
Digital asset manager CoinShares announced securing an exclusive option to acquire Valkyrie Funds – the exchange-traded fund (ETF) division of Valkyrie Investments. The strategic acquisition option represents the next phase…
Mastercard Highlights Difficulty in Wide Adoption of CBDCs
Mastercard’s blockchain and digital assets lead for Asia-Pacific, Ashok Venkateswaran, has expressed skepticism about the wide adoption of central bank digital currencies (CBDCs). This comes as countries globally explore CBDCs,…
Ukrainian Authorities Level Up with Advanced Training in Virtual Asset and Crypto Probes
14 Ukrainian officials underwent specialized training in the investigation of modern financial crimes during a course held in Vienna, Austria, from November 14 to 17. The Organization for Security and…
Nervos Community Gears Up for First CKB Halving
[PRESS RELEASE – Tulum, Mexico, November 17th, 2023] CKB, the blockchain of the Nervos Network, is set to mark a significant milestone with its first halving on November 19th. This…
Republic Plans to Pay Users’ Dividends on Avalanche Blockchain
Source: Avalanche Next-generation investment and technology firm Republic has announced plans to issue its upcoming digital asset on the Avalanche blockchain network. Called Republic Note, the digital asset will serve…
Fidelity Follows BlackRock, Files For Spot Ethereum ETF – Where Next for Ether (ETH)?
Fidelity Investments Office / Source: Adobe Asset management giant Fidelity just filed a 19b-4 with the Chicago Board Options Exchange (CBOE) to set up a spot Ethereum exchange-traded fund (ETF)…
Dogecoin Price Pumps on Moon Plans, But Is GROK For Real Or is $1.8m Meme Kombat the Best of the Meme Coin Bunch?
Friday, November 17th, 2023 – The Dogecoin price is up 17% to $0.089 in a community-inspired surge, while new coin GROK hit a $200 million valuation before it was brought…
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…
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.