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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Crypto Industry Sees Over 50% Drop in Hack Volumes in 2023, TRM Labs Reports
A TRM Labs research has revealed that the cryptocurrency industry witnessed a downturn in hack volumes in 2023, with a more than 50% reduction compared to the previous year. Despite…
Polygon CDK Expansion Takes Precedence as Edge Contributions Cease
Polygon Labs has discontinued contributions to its Edge platform which is designed to build custom Ethereum-compatible blockchain networks. This decision reflects the company’s plans to prioritize the expansion of the…
More Crypto ETFs? This Firm Just Filed For a Bitcoin Buffer Fund
This season appears to be one for cryptocurrency exchange-traded funds (ETFs) as multiple traditional finance companies seek regulatory approval to introduce more to the market. First Trust is the latest…
Tether Releases Letters Sent to US Senate Committee: Details
Tether, the company behind the largest stablecoin, has released the two letters it had sent to the US Senate Committee on Banking, Housing, and Urban Affairs and House Financial Services…
Taiwan Police Target Crypto Influencers Linked to Polymarket Election Betting
Source: Pexels Taiwanese law enforcement has initiated an investigation into online influencers and community members involved in promoting a Polymarket contract related to Taiwan’s upcoming election. According to a report from Taiwan-based…
Retik Finance (RETIK) raises $1 Million in Presale, sets listing price at $0.15, approx 350% higher than present price
In the ever-evolving world of cryptocurrencies, new projects often emerge, seeking to make their mark and disrupt the status quo. Retik Finance (RETIK) is one such project that has recently…
eTukTuk’s Electric Revolution: A Win-Win for Commuters in the Developing World and $TUK Holders
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The eTukTuk electric vehicle revolution is a win-win for commuters and $TUK holders. The…
AI Chatbot Girolamo Debuts on Cardano; Ambitious Goals for Avalanche & RebelSatoshi Attract Investors
The blockchain world is abuzz with innovations, and leading the charge is Cardano’s AI chatbot Girolamo, heralding a new era of AI and blockchain synergy. Meanwhile, Avalanche continues to push…
LUNA Makes a Strong Comeback in Top 50 – AI Altcoin Becomes the Talk of the Town on Reddit
Terra (LUNA) has been making waves in the crypto sector because it continues to defy odds by scaling heights despite its previous tribulations. On the other hand, BorroeFinance ($ROE) is…
Nirvana Finance Hacker Pleads Guilty, Will Forfeit Over $12 Million in Stolen Funds
A former senior security engineer, Shakeeb Ahmed, pled guilty to the hacking incident on the decentralized finance yield protocol, Nirvana Finance, along with another unnamed decentralized exchange (DEX). Ahmed will…
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.