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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Visa Successfully Completes Digital Hong Kong Dollar Pilot Program
Visa, a global leader in payments technology, has marked a significant milestone by completing a pilot test in collaboration with HSBC and Hang Seng Bank. The program, a part of…
Michael Saylor Says “Big Banks” Should Be The New Bitcoin Custodians
MicroStrategy’s Executive Chairman Michael Saylor spoke with CNBC on Thursday about the future of regulation and corporate adoption for Bitcoin (BTC), shortly after his company announced a $5.3 million BTC…
Bitcoin Miner Northern Data Secures $609 Million Debt Financing Facility from Tether
Europe’s leading Bitcoin miner and data cloud provider – Northern Data – announced securing EUR 575 million (worth over $609 million) debt financing facility from stablecoin issuer, Tether after entering…
Binance Will Delist 23 Trading Pairs, Shiba Inu and Dogecoin are Affected
TL;DR Binance announced it will delist 23 margin trading pairs, including prominent ones like ADA/BUSD and the memecoins DOGE/BUSD and SHIB/BUSD, on November 9, with automatic closure and settlement of…
Crypto Recovery: Report Scammed Bitcoin (RSB) Reveals Great News of Crypto Recovery for Victims of Crypto Scam
[PRESS RELEASE – New York, USA, November 2nd, 2023] Great crypto recovery news for victims of crypto scams. A relief fund has been set up to help victims of crypto…
As the Jury Deliberates in SBF Trial, what happens next?
As the jury begins deliberations in the trial against Sam Bankman-Fried, questions remain over what impact the verdict will have on the crypto industry as a whole. Here’s what to…
Render Network Moves From Ethereum to Solana Blockchain in Major Win – Where Next for SOL?
Solana (SOL) Chart / Source: TradingView 3D content rendering platform Render Network has relocated from the Ethereum blockchain to Solana in order to benefit from the latter’s high throughput and…
Crypto Whales Are Accumulating This Underrated Gem – What Does it Do?
AI-centric crypto startup Launchpad XYZ unveils tools to guide investors in the dynamic cryptocurrency market. Image by Kaleb, Adobe Stock. Cryptocurrency investments have a history of raking in substantial returns,…
Best Crypto to Buy Now November 2 – Aave, Solana, The Sandbox
With Bitcoin still trying to mount $35,000, analysts have flagged several cryptocurrencies as some of the best crypto to buy now. Image by cryptonews.com. With Bitcoin still trying to surmount…
Coinbase Halts Staking Services in Maryland Following Securities Commissioner’s Order
Coinbase responded to Maryland’s order by adjusting its staking services for state residents. Image by mehaniq41, Adobe Stock. In an unfolding development, the US cryptocurrency exchange Coinbase announced the suspension…
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.