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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Senior Public Officials in South Korea Declare Crypto Holdings
Source: Pixabay Senior public officials in South Korea’s Gyeonggi province have declared their cryptocurrency holdings. The disclosure comes as part of the province’s efforts to ensure transparency among its government…
New U.S. House Speaker Mike Johnson Sparks Hope for Advancing Digital Asset Legislation
Source: Pexels U.S. Representative Mike Johnson has been elected by his fellow Republicans to serve as the 56th Speaker of the US House of Representatives after three weeks of turmoil…
Unicoin Makes History: Acquires Luxury Resort in Largest Ever Crypto-Property Deal
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. The Eden Grand Resort is currently under development and set to occupy 64,000 square meters of…
JPMorgan’s JPM Coin Facilitates $1 Billion in Daily Transactions as Banking Giant Targets Cross-Border Settlements
JPMorgan’s JPM Coin Facilitates $1 Billion in Daily Transactions as Banking Giant Targets Cross-Border Settlements Source: AdobeStock / monticellllo JPMorgan Chase & Co.’s digital token, JPM Coin, currently handles $1…
Crypto Recovery Firm Offers to Unlock Former Ripple CTO’s $244 Million Bitcoin Fortune
Source: iStock/Ladislav Kubeš Crypto recovery firm Unciphered has extended an offer to former Ripple chief technology officer (CTO) Stefan Thomas to unlock a hard drive containing over 7,000 Bitcoin (…
FTX Considers Proposals from 3 Bidders to Revive Crypto Exchange: Report
FTX Trading is now at a crossroads as it evaluates offers from three prospective bidders to resurrect its operations after falling into bankruptcy amidst a storm of fraud allegations. The…
Ethereum Price Outlook: Can ETH Hit $2k This Year as This Token Also Looks Poised to Surge
Ethereum (ETH) has showcased strong performance over the past week, with the token’s price up 15% since Thursday. With growing retail and institutional interest, many ETH holders are optimistic about…
TON Foundation and Mantle Network Form Strategic Alliance, Advancing EVM-Compatible Layer 2 Blockchain Solutions
[PRESS RELEASE – Zug, Switzerland, October 25th, 2023] Today, The Open Network Foundation (TON Foundation) has announced a strategic alliance with Mantle Network, a leading Ethereum Virtual Machine (EVM) Layer…
Bitcoin (BTC) Price Prediction: $40K Possible This Year? Expert Chips In
TL;DR Bitcoin’s Surge: Bitcoin rose 20% in a week to $34,032, driven by spot BTC ETF hype and trader consolidation. Predictions hint at $40k by Q4 2023. Favorable Economic Climate:…
Is It Too Late to Buy Ripple (XRP)? Popular Analyst Chips In
TL;DR IncomeSharks warns against current XRP purchases, labeling potential traders as “emotional FOMO buyers.” XRP peaked above $0.58 on October 24 amid a broader crypto rally. Ripple’s multiple partial wins…
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.