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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LINK Explodes 18% Daily, BTC Maintains $66K as Bitcoin ETF Inflows Continue (Market Watch)
Bitcoin’s price tapped a multi-week high yesterday at around $66,600 before it was pushed down by about a grand but has reclaimed the $66,000 level as of now. Several altcoins…
This is Ripple’s Most Important Exec, According to the Company’s CTO
TL;DR Ripple CTO David Schwartz considers this co-founder the most important person in the company’s history for his early commitment, among other reasons. Attorney John E Deaton believes CEO Brad…
Why Did Coinbase’s (COIN) Shares Dump 9.5% on Thursday?
Coinbase became arguably the most important crypto player in the US this year as numerous ETF providers, including BlackRock, chose the platform to serve as custodian to their Bitcoin exchange-traded…
Margex Includes Kaspa Deposit and Withdrawal to Other Existing Features
[PRESS RELEASE – Victoria, Seychelles, May 16th, 2024] Margex, a cryptocurrency trading platform boasting ultra-convenient and user-friendly copy trading, is excited to announce Kaspa deposit and withdrawal. Kaspa is a…
Senate Passes Bill To Scrap Anti-Crypto Banking Policy – Will Biden Follow?
The United States Senate passed a resolution on Tuesday to scrap a de facto ban preventing the nation’s banks from offering crypto custody services. The vote drew cautious optimism from…
Bitcoin Price Prediction as BTC Shoots Past $65,000 Resistance – Bulls Back in Control?
Last updated: May 17, 2024 05:17 EDT | 4 min read Bitcoin Price Prediction Bitcoin (BTC) held steady above the $66,000 mark, reaching an intra-day high of $66,500. The Bitcoin…
Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In
Last updated: May 17, 2024 04:10 EDT | 2 min read Presidential candidate Donald Trump recently expressed his backing for crypto, indicating that he would cease hostility towards crypto in…
SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems
Last updated: May 17, 2024 03:37 EDT | 1 min read The Society for Worldwide Interbank Financial Telecommunication (SWIFT) China President recently shared insights on the challenges and solutions for…
French Regulator Warns Investors For Using ByBit Despite Ban
Last updated: May 17, 2024 03:28 EDT | 1 min read The Autorité des Marchés Financiers (AMF), France’s local financial commission, has reminded investors in a warning note published Thursday,…
DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi
Last updated: May 17, 2024 02:49 EDT | 2 min read The Depository Trust and Clearing Corporation (DTCC), the largest settlement system in the world, has partnered with blockchain oracle…
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.