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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Bitcoin (BTC) Touched $39K, Chainlink (LINK) Soars 7% Daily (Weekend Watch)
Bitcoin initiated another impressive leg-up in the past 24 hours that resulted in charting a new 19-month peak at $39,000. Most altcoins followed suit, with SOL defending the $60 level,…
Dogecoin Funded SpaceX ‘Doge-1’ Secures NTIA Approval for Moon Mission
The Dogecoin-funded SpaceX ‘Doge-1’ Moon Mission is moving closer to launch after securing key regulatory approval from the National Telecommunications and Information Administration (NTIA). The clearance is a significant step…
Vitalik Buterin’s Plans, Changpeng Zhao’s Hooks, Michael Saylor’s Shoppings and 20 Crypto Jokes
This week in crypto: Vitalik Buterin said he plans to redesign Ethereum staking and praised the UTXO payment model, MicroStrategy CEO Michael Saylor bought an additional $593 million worth of…
Elon Musk’s Verbal Outburst Sparks Surge in ‘GFY’ Meme Coins
Source: a video screenshot, Future Unity / YouTube There has been a surge in meme coins linked to Elon Musk following the billionaire’s verbal outburst at X (formerly Twitter) advertisers. Meme coins…
Will Bitcoin Futures ETFs Crumble After Spot ETF Approval? Interview With ProShares
Source: Adobe Stock As Bitcoin (BTC) surged passed $38,000 in November, the ProShares Bitcoin Strategy ETF (BITO) has tapped a new all-time high for assets under management (AUM). On Tuesday,…
KuCoin Ventures Release $20K Grant to Build TON-Based Mini-Apps
Source: AdobeStock KuCoin Ventures, the investment arm of crypto exchange KuCoin, has pledged a grant of $20,000 to the Open Network (TON) blockchain platform. KuCoin Ventures to Provide $20K Grant…
KyberSwap Announces Grants from Protocol Treasury to Aid Victims of Recent Exploit
Source: AdobeStock / Roman Samokhin The team behind KyberSwap announced that it would offer grants from the protocol’s treasury to victims of the recent exploit, aiming to provide monetary relief….
Ripple (XRP) v. SEC Settlement Rumors Run Rampant on Twitter (X)
TL;DR Ripple vs. SEC Legal Struggle: Ripple is engaged in a nearly three-year legal battle with the SEC over allegations of selling XRP as an unregistered security, having secured some…
Galaxy’s Novogratz Forecasts BTC Price to Shoot Above $70K on SEC Approval of Bitcoin ETF
Michael Novogratz, the founder and CEO of Galaxy Digital Holdings Ltd., anticipates that Bitcoin will reclaim its previous peak within a year, fueled by the growing expectation that the U.S….
Brazilian Lawmakers Approve 15% Tax for Cryptocurrencies on Offshore Exchanges
The Brazil Senate has approved new rules that will mandate locals to pay up to 15% tax on income generated from cryptocurrencies on offshore exchanges. According to a live recording…
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.