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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Polkadot Price Analysis: Has DOT Bottomed and is $9 the Next Target?
Polkadot’s price has been on the decline for a while now, since reversing to the downside in March, Yet, the market might recover soon. Technical Analysis By TradingRage The Daily…
NFTBank Launches NFTBank V2 to Enhance NFT Portfolio and Web3 Game Treasury Management
[PRESS RELEASE – Seoul, Korea, May 3rd, 2024] NFT portfolio management platform NFTBank is proud to announce the launch of NFTBank V2. This latest version offers users an enhanced experience…
Sen. Warren Warns US Military Officials, Claims Iranian Crypto Mining Supports Terrorism
Last updated: May 3, 2024 04:18 EDT | 1 min read US Senator and highly vocal crypto critic, Elizabeth Warren, has claimed that Iranian crypto miners have terrorist ties including…
Here’s Why Binance’s Changpeng Zhao Got a ‘Pretty Light’ 4-Month Prison Sentence
Last updated: May 3, 2024 04:15 EDT | 3 min read Binance founder Changpeng Zhao received a far more lenient prison sentence than anticipated at his Seattle court hearing on…
Former FTX Boss Ryan Salame Gives up $5.9M Bahamas House
Last updated: May 3, 2024 02:21 EDT | 1 min read Former co-CEO of FTX Digital Market Ryan Salame is to transfer a $5.9 million house he owns in the…
Move To Earn, Play To Earn, Now Learn To Earn – Is 99Bitcoins The Next Big Crypto Trend?
Investors looking for the next big crypto trend are turning to a new learn-to-earn (L2E) token called 99Bitcoins Token ($99BTC). It’s the native token of the well-known 99Bitcoins platform that…
US Prosecutors Investigate Jack Dorsey’s Block Over Non-Compliant Crypto Services: Report
According to a report released by NBC on Wednesday, U.S. prosecutors are investigating Block, a company featuring cryptocurrency services co-founded by Twitter co-founder Jack Dorsey. The allegations against the company…
Top 5 AI Cryptocurrencies to Put on Your Watch List in May
TL;DR Despite a 10% weekly decline, Render (RNDR) remains a leading AI cryptocurrency with significant yearly gains, supported by advancements like its recent integration with Coinbase. Other notable assets of…
Polkadot (DOT) Ecosystem Recap: The Latest Developments
TL;DR Polkadot’s ecosystem witnessed numerous advancements in the past week, such as the Sinai Upgrade on the parachain Acala Network. The protocol’s native cryptocurrency – DOT – has shown solid…
New Major Milestone for Shiba Inu (SHIB): Details
TL;DR Shibarium, the layer-2 blockchain solution for Shiba Inu, continues to grow robustly, surpassing significant milestones in blocks, transactions, and wallet addresses despite SHIB’s price struggles. Recent developments in the…
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.