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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Reddit Winds Down Blockchain-Based Community Points, Cratering Related Tokens
Back in 2020, Reddit launched Community Points, an initiative that rewarded high-quality posters by giving them Ethereum-based tokens that could be spent on badges and emojis on the platform. At…
Blackfort Exchange Network Announces Join and Invite Airdrop Campaign
[PRESS RELEASE – Dubai, United Arab Emirates, October 17th, 2023] BlackFort Network has announced an airdrop campaign for its users to have BXN Tokens straightforwardly with an active participation to…
Lido DAO Votes to Sunset the Lido on Solana Project
The Lido on Solana project will wind down following the inability of the P2P team to sustain the project due to financial constraints. According to the team, the sunsetting of…
Pro-Ripple (XRP) Lawyer Bashes the SEC After Fake BTC ETF News
TL;DR False reports claimed the SEC approved BlackRock’s BTC ETF, but the SEC cautioned against unverified sources. US attorney John E. Deaton criticized the SEC, referencing court opinions that have…
FTX Stakes About $170 Million in SOL, ETH, and MATIC Amidst SBF’s Trial
The bankrupt cryptocurrency exchange has staked close to $170 million in several crypto assets, including Solana, Ethereum, and MATIC. Blockchain data revealed that the defunct platform has staked over 5.5…
South Korean Regulator to Establish Standards for Issuance and Distribution of Crypto
Source: AdobeStock / Alexander South Korea’s Financial Supervisory Service (FSS) is looking to establish comprehensive guidelines for the issuance and distribution of cryptocurrencies to enhance the Virtual Asset Users Protection…
Bitcoin Prices Retain Strength After Binance.US Halts Dollar Withdrawals
Bitcoin Prices Retain Strength After Binance.US Halts Dollar Withdrawals BTC/USD Chart (Coinbase)/ Source: TradingView Bitcoin prices have retained their strength today, managing to achieve relative stability in spite of the…
Fidelity Digital Assets Become First Corporate Client to Leverage EY’s Blockchain Analyzer
Source: iStock ‘Big Four’ accounting behemoth Ernst & Young (EY) unveiled Tuesday that Fidelity Digital Assets, the digital asset arm of Fidelity Investments, has adopted EY’s latest blockchain analytic tool….
Tokenized Real-World Asset Market to Hit $10 Trillion By 2030, 21.co Projects – Can RWAs Power Ethereum (ETH) to Multi-Trillion Market Cap?
Ether Logo / Source: Adobe The market capitalization of tokenized real-world assets (RWAs) could balloon to as much as $10 trillion by the end of the decade in a bullish…
‘Crypto Rug Pull’ Leaves ‘Hundreds’ of Central African Republic Investors ‘Penniless’
‘Crypto Rug Pull’ Leaves ‘Hundreds’ of Central African Republic Investors ‘Penniless’ Source: firewings/Adobe Police in the Central African Republic suspect a rug pull after the operators of a crypto firm…
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.