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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Justin Sun Claims Record HTX Profits This Quarter
HTX – Huobi’s rebranded international exchange – has had its best quarter ever, according to CEO Justin Sun. Although the rebranded exchange got off to a rough start with several…
Ripple (XRP) CEO Best of the Year? John Deaton Thinks So
TL;DR John E Deaton praises Ripple for growth amid challenges and suggests Ripple’s CEO, Brad Garlinghouse, could be the “CEO of the decade.” Ripple has seen multiple partial wins against…
Memeinator’s 2024 Ambition to Dominate – What Can Be Learned From XRP Price Trends
Recent crypto news has injected fresh bullish momentum into the crypto markets, with XRP and Memeinator ready to capitalize. The XRP price outlook facilitates a major change in fortunes following…
Matrixport Says Bitcoin is in its Fifth Bull Market; Could Bitcoin Minetrix Also Be Poised to Explode?
Bitcoin (BTC) has now entered its fifth bull market, according to Matrixport, the leading digital assets financial services platform, with its price recently tapping $35,000 again. Many experts believe this…
Turkey Projects Finalization of Cryptocurrency Taxes by Next Year
Source: Pixabay Turkish government intends to establish a regulatory framework for crypto assets, including plans to tax these digital assets, starting 2024. The regulatory measure came as a part of…
Floki Price Prediction as FLOKI Blasts Up 30% and Becomes Top 100 Crypto in the World – Are Whales Buying Again?
Source: TradingView The Floki price has rocketed by 25% in the past 24 hours, with its surge to $0.00003824 coming as the wider crypto market falls by 1.5% today. FLOKI…
Crypto Miner Marathon Digital Plans to Raise $750 Million Through Hybrid Equity Offering
Source: agnormark/Adobe Crypto mining company Marathon Digital has unveiled plans to raise as much as $750 million through a hybrid equity offering. In a recent filing submitted to the US…
UK Witnesses 826% Surge in ‘Buy Bitcoin’ Google Searches
Source: AdobeStock / Nuthawut Google searches for ‘buy Bitcoin’ have gone up more than 800% in a single week in the UK, but Google Trends show multiple spikes in interest…
XRP Price Prediction as $1.4 Billion Volume Sends XRP Above $0.50 Resistance – Is a $1 XRP Possible in 2023?
Source: Dall•E 3 The XRP price has dipped to $0.551065 this morning, representing a 1.5% loss in the past 24 hours as the market falls by a similar percentage. Yet…
SHIB, DOGE Explode Double Digits, BTC Eyes $35K (Market Watch)
Bitcoin’s price reacted well to the minor retracement yesterday and has remained well above $34,500 as of now. The altcoins have posted even more substantial gains over the past 24…
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.