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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Thailand Authorities Seize Over $5M Worth of Crypto Mining Devices in Electricity Theft Investigation
Last updated: April 29, 2024 02:10 EDT | 1 min read Thai authorities recently cracked down on a crypto mining operation suspected of stealing electricity. The raid in Samut Sakhon…
Io.net CEO Details Recent Sybil Attack and New Security Measures
Last updated: April 29, 2024 01:52 EDT | 2 min read Io.net CEO Ahmad Shadid recently disclosed details of a Sybil attack on the network, emphasizing the company’s measures to…
Australia Set to Approve First Spot Bitcoin ETFs by Year’s End 2024
Last updated: April 29, 2024 01:44 EDT | 1 min read Investors in Australia could soon have a new way to gain exposure to Bitcoin, as the country is poised…
Ethereum (ETH) Soars Above $3.3K, Bitcoin (BTC) Aims for $64K (Weekend Watch)
Bitcoin’s price actions were quite bearish for the past few days once again as the asset fell to $62,300 yesterday but managed to regain almost two grand since then. The…
Upbit Dominates South Korea’s Crypto Market, Ranking Top 5 Globally: Report
Upbit, a cryptocurrency platform based in South Korea, is responsible for over 80% of the country’s trading activity and has become among the world’s leading five exchanges in terms of…
Institutional Interest in Crypto Assets Surges in Canada: KPMG Report
Institutional investors in Canada substantially increased their cryptocurrency exposure last year compared to the previous bull market cycle, according to a recent survey by accounting firm KPMG. The consulting group’s…
SlowMist Exposes Scam Using Malicious RPC Node Modifications
SlowMist, in collaboration with imToken, has uncovered a new breed of cryptocurrency scam that targets users in physical offline transactions, utilizing USDT as the mode of payment. This fraudulent scheme…
XRP Bull Run Nowhere to Be Seen as Bears Eye $0.5 Next: Ripple Price Analysis
Ripple’s price has yet to show a sign of recovery and is continuing its overall bearish trend. If things are to change, the price should soon begin its recovery, as…
The Biggest Crypto Poker Event Of 2024 Is Today At CoinPoker
Last updated: April 28, 2024 02:01 EDT | 2 min read NLHE tournament table, source – CoinPoker CoinPoker’s CSOP – crypto series of poker – main event starts in just…
Bitcoin Price Prediction as Bears Push BTC Below $63,000 Level – Where is the Next Support
Last updated: April 27, 2024 16:57 EDT | 3 min read Bitcoin Price Prediction – Source: Tradingview Bitcoin (BTC) maintained its upward trend and experienced a strong upward rally, hitting…
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.