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) |
---|
Michael Saylor Says Bitcoin ETFs Aren’t a Threat to MicroStrategy + More News
Source: a video screenshot, Savvy Finance / YouTube Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In…
XRP Price Prediction as Ripple Receives Approval to Provide Services to Central Bank of Ireland – $1 XRP Soon?
Source: Dall•E 3 The XRP price has increased by 1% in the past 24 hours, with its move to $0.619473 coming as the cryptocurrency market as a whole gains by…
Solana Price Prediction as Trezor Wallet Adds Support for SPL Tokens – Adoption on the Rise?
Source: Dall•E 3 The Solana price has surged by 15% in the past 24 hours, rising $87.94 after Trezor announced that its wallet would support the altcoin. Today’s rise means…
73% of US Voters Favor Presidential Candidates with Tech Savvy, Including Crypto
Source: Adobe/tinyakov Approximately 73% of US voters believe that US presidential candidates should have an informed perspective on innovative technologies like artificial intelligence (AI) and cryptocurrency. A recent survey conducted…
Galaxy Digital CEO Mike Novogratz Urges Removal of Senator Warren
Michael Novogratz, the founder of Galaxy Digital, expressed his opinion on Senator Elizabeth Warren’s stance against the cryptocurrency space on X. The post comes in response to Warren’s announcement of…
SOMA.finance Announces Launch of Digital Asset Trading Platform with First Product SOMA Starter
[PRESS RELEASE – New York, USA, December 20th, 2023] Launch Coincides with $SOMA Token Sale in Partnership with CF Portal Akemona SOMA Finance, Incorporated (“SOMA” & “SOMA.finance”), the joint venture…
Layer 3 Foundation Announces Testnet of Its P2P Yellow Clearing Network for Counterparty Risk Mitigation
[PRESS RELEASE – Paris, France, December 20th, 2023] Layer 3 Foundation, a pioneer in blockchain-based financial technology, has announced the launch of a testnet program for its Yellow Clearing Network,…
Michael Saylor: Spot Bitcoin ETF Approval Could Be Wall Street’s Biggest Milestone in 30 Years
Michael Saylor, a renowned Bitcoin advocate, has declared the potential approval of a spot BTC exchange-traded fund (ETF) as possibly the most significant development on Wall Street in the last…
Shiba Inu Burn Rate Skyrockets, While Shibarium Climbs New Peaks: SHIB Price Rally Incoming?
TL;DR SHIB Burn Rate Surge: Shiba Inu’s burn rate soared by 4,000% in the past seven days, resulting in the removal of over 8.6 billion SHIB from circulation to potentially…
IOSCO Publishes Policy Recommendations for Decentralized Finance (DeFi)
Source: Adobe / BeNeDak The International Organization of Securities Commissions (IOSCO), which sets standards for securities market regulation globally, has issued policy recommendations for the supervision of decentralized finance (DeFi)….
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.