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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Is the MATIC Bull Run Over? Sell-Off Looms as Price Lingers Below Key Zone
After an impressive run along with the rest of the crypto market, Polygon’s native token – MATIC – lost approximately 15% of its value over the past week dragging its…
Swapping Crypto Fast Made Easy With Exolix
The crypto market has become part of the global financial landscape, with investors looking to purchase digital assets on different exchanges. However, for investors who value their privacy, buying crypto…
$BONK Price Crashes 30% From Top As Traders Back New Meme Coin $MK
The Solana blockchain’s biggest meme coin BONK! ($BONK) is seeing a big pullback from earlier weekly highs. BONK! recently hit its highest levels of the year above $0.0000055 per token,…
Vienna-Based Raiffeisen Bank Expands Services to Include Crypto Trading
Raiffeisen Bank. Source: Adobe / Cristi Austria’s Raiffeisen Bank is set to launch crypto trading services in 2024, joining a slew of European banks breaking into the digital asset custody…
CryptoQuant Reports Decline in Binance’s Bitcoin Reserves as Retail Flow Shifts to Coinbase
Bitcoin reserves on the world’s largest cryptocurrency exchange, Binance, are rapidly depleting, according to data from blockchain analytics firm CryptoQuant. The outflow is notably shifting towards the premium digital asset…
Biggest Crypto Gainers Today on Uniswap – XPB, GSWIFT, VRD
DEXTools Logo / Source: DEXTools X Account Blue chip cryptocurrency markets are in consolidation mode amid thin trading volumes with US market participants away for the Thanksgiving holidays. Bitcoin (BTC)…
Unidentified Whale Deposits 10,000 ETH Worth $20 Million in New Blast L2 Project
Source: Adobe / 2ragon Blast, a newly launched Ethereum-based layer 2 network, is already gaining traction in the market after one unidentified whale deposited a massive 10,000 ETH to the…
Ripple (XRP) Chief Lawyer Comments on the SEC’s Actions in the Binance v. DOJ Saga
TL;DR Binance Fined, Ripple’s CLO Responds: Binance faced a $4.3 billion DOJ fine for anti-money laundering issues, with CEO Changpeng Zhao resigning. Ripple’s Chief Legal Officer, Stuart Alderoty, views this…
Genesis Files $689 Million Lawsuit Against Gemini to Recover ‘Preferential Transfers’
Genesis Global Capital, a cryptocurrency lender, has filed a lawsuit against its former business partner, Gemini Trust, seeking the recovery of over $689 million. The court filing, made late on…
BTC Transaction Fees Are 16x Higher Since Bitcoin ETF Mania Began
Users of Bitcoin’s blockchain payments network have seen transaction fees explode since October. Meanwhile, the oldest cryptocurrency’s main rival, Ethereum, is also seeing sky-high fees. According to blockchain data service…
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.