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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Vitalik Buterin Advocates for a 33% Gas Limit Increase for Ethereum
During a recent Reddit Ask Me Anything (AMA) event organized by the Ethereum Foundation’s research team, the protocol’s co-founder Vitalik Buterin suggested a “modest” increase in its gas limit to…
Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs
Last updated: January 11, 2024 13:16 EST | 1 min read Source: Adobe / 24K-Production The US-based crypto exchange Coinbase is facing increased competition and potential challenges to its market…
XRP Price Prediction as Bitcoin ETF Goes Live – Will XRP Get an ETF Next?
Last updated: January 11, 2024 12:38 EST | 3 min read The XRP (XRP) price predictions remain bearish in the short term as spot Bitcoin ETFs go live in major…
EBA Discusses Proposed Guidelines for Stablecoin Issuers
Last updated: January 11, 2024 11:46 EST | 2 min read Source: AdobeStock / rarrarorro European banking regulators have urged stablecoin issuers and other stakeholders to dialogue with regulators ahead…
Near Foundation To Reduce Workforce By 40%
Last updated: January 11, 2024 11:16 EST | 2 min read Source: Pixabay Non-profit organization Near Foundation has announced that it will reduce its workforce by approximately 40%. In a…
USDC Stablecoin Issuer Circle Confidentially Files For IPO
Last updated: January 11, 2024 10:29 EST | 2 min read Source: AdobeStock Circle Internet Financial – the issuer of the world’s second-largest stablecoin, USD Coin (USDC) – has quietly…
Very Important Update Concerning Ripple (XRP)
Ripple, the company behind the popular cryptocurrency XRP, is planning a $285 million share buyback from its earliest investors and employees, according to a Wednesday report from Reuters. The tender…
Fundstrat Predicts Bitcoin Could Hit $500k Within Five Years
Market research boutique Fundstrat envisions Bitcoin (BTC) reaching $500,000 per coin within the next five years – in large part due to expected Bitcoin spot ETF approvals. “I think in…
These Firms Cut Proposed Spot Bitcoin ETF Fees Amid Industry Competition
Several firms have recently reduced their proposed fees, as revealed in the latest versions of their S-1 forms submitted to the U.S. Securities and Exchange Commission. This is in response…
Calm Before the Storm? XRP Looking Primed for Big Move But Which Way? (Ripple Price Analysis)
Ripple has recently faced heightened selling pressure, propelling the price below a crucial support region that includes the wedge’s lower boundary and the 100-day and 200-day moving averages. However, a…
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.