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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Indian Enforcement Directorate Seize Over $10M Cryptos Linked to Online Gaming App
Last updated: May 1, 2024 03:38 EDT | 1 min read The Directorate of Enforcement (ED) of India, has seized a major crypto money laundering case connected to a gaming…
Bitcoin Posts Worst Month Since FTX Collapse Amid Ebbing ETF Euphoria
Last updated: May 1, 2024 02:44 EDT | 2 min read Bitcoin has experienced its most challenging month since the collapse of Sam Bankman-Fried’s FTX empire, as the excitement surrounding US…
Uniswap Integrates Robinhood Connect for Crypto Purchasing
Last updated: May 1, 2024 02:07 EDT | 1 min read Uniswap has integrated Robinhood Connect to enable crypto purchasing on mobile app. According to a recent announcement by the…
dWallet Network Integrates Native Multi-Chain DeFi with Monad
dWallet Network – the infrastructure for programmable native Bitcoin – announced adding support for EVM-compatible Layer 1 blockchain, Monad The latest integration unveiled on April 30th aims to solidify Monad’s…
Sui Teams Up with Google Cloud to Drive Web3 Innovation with Enhanced Security, Scalability and AI Capabilities
[PRESS RELEASE – Palo Alto, California, April 30th, 2024] Collaboration focuses on tackling key Web3 challenges through data-driven insights, AI-powered development tools and zero-knowledge proofs Sui, the Layer 1 blockchain…
BNB Chain Launches Chapter Two of Its Airdrop Alliance Program
[PRESS RELEASE – Dubai, UAE, April 30th, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced the second chapter of its “Airdrop…
Disappointing Launch Day for Hong Kong’s Bitcoin, Ethereum ETFs as BTC Slumps Below $61K
Hong Kong’s debut of six new spot Bitcoin and Ethereum exchange-traded funds (ETFs) marked a trading volume of HK$87.5 million ($11.2 million). This volume was significantly below the inaugural trading…
Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny
Last updated: April 30, 2024 05:13 EDT | 1 min read Experts warn that Venezuela’s likely shift towards digital currency necessitates stricter regulations. The development comes as Venezuela’s state oil…
Samourai Wallet Co-Founder Pleads Not Guilty to Money Laundering Charges, Released on Bail
Last updated: April 30, 2024 03:02 EDT | 2 min read Keonne Rodriguez, one of the individuals associated with the popular cryptocurrency mixer Samourai Wallet, has entered a plea of not guilty…
Marathon Digital Chooses StanChart-Backed Zodia Custody as Crypto Custodian
Last updated: April 30, 2024 01:22 EDT | 1 min read Marathon Digital has selected Standard Chartered-backed digital asset custodian Zodia Custody to safeguard its crypto holdings. Zodia Custody 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.