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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Viral Meme Coin, Memeinator, Lists On Exchanges After Raising $7.7M
[PRESS RELEASE – London, United Kingdom, May 29th, 2024] Memeinator the viral new meme coin, continues its upward trajectory following its successful $7.7 million presale and has confirmed it will…
Bitget Wallet Token (BWB) makes debut on the Bitget Launchpad
[PRESS RELEASE – Victoria, Seychelles, May 29th, 2024] Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced the launch of Bitget Wallet’s BWB token on its Launchpad. The…
Shiba Inu (SHIB) Explodes 15% Daily, Bitcoin (BTC) Maintains $68K (Market Watch)
Bitcoin’s price has been on a wild ride in the past few days, first heading north to over $70,00 before it dumped to $67,000 a day later. The altcoins have…
Judge Throws Out DEBT Box Case, Orders SEC to Pay $1.8M
The US District Court for the District of Utah on Tuesday threw out the SEC’s case against DEBT Box and imposed fines exceeding $1.8m on the regulatory body for its…
Best Crypto to Buy Now May 27 – NOT, FLOKI, WIF
It was a quiet start to the week for global markets, most major coins rising in wake of pro-crypto commentary from US Presidential candidate and former President Donald Trump last…
UK Digital Bank Kroo to Ban Crypto Transactions Effective May 30
Last updated: May 29, 2024 03:56 EDT | 1 min read London-based challenger bank Kroo has banned its customers from engaging in crypto transactions in order to “help keep user…
ZKasino Implements 72-Hour “2-Step Bridge Back Process” to Return Funds to Investors
Last updated: May 29, 2024 02:31 EDT | 2 min read ZKasino, a blockchain-based gambling project, has taken steps to address the allegations of a $33 million “rug pull” by…
Riot Platforms Buys 9.25% Stake in Bitfarms After Rejected Takeover Offer
Last updated: May 29, 2024 02:06 EDT | 1 min read Riot Platforms has acquired a 9.25% stake in Bitfarms after its takeover offer was rejected. According to a press…
Ethereum Name Service Proposes Protocol Migration to Layer 2 to Reduce Gas Fees
Last updated: May 29, 2024 01:11 EDT | 1 min read Domain naming system Ethereum Name Service (ENS) has proposed an ENSv2 upgrade migrating to Layer 2 to reduce gas…
Here’s When Ethereum Devs Plan to Ship Pectra Upgrade
Over a year since the Dencun upgrade went live on Ethereum, attention has shifted to Pectra, which is scheduled for release by early 2025. After evaluating various timeline options, Ethereum…
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.