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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Aethir and GAM3S.GG Unite to Elevate the Future of Web3 Gaming
[PRESS RELEASE – Singapore, Singapore, October 24th, 2023] Aethir, a pioneer in the field of decentralized cloud infrastructure (DCI), has joined hands with GAM3S.GG, the leading Web3 gaming platform. This…
Bitcoin Scarcity Hits Record Level With LTHs Holding 80% as BTC Skyrockets to 17-Month Peak: Data
Bitcoin is growing increasingly scarce, and its price movements are finally showing it. Recent statistics from the on-chain analytics platform IntoTheBlock reveal that an unprecedented portion of the accessible BTC…
Massive Ripple (XRP) Transfers Amid Ongoing Bitcoin Price Rally
TL;DR Two significant XRP transactions totaling nearly 500 million XRP were recently made, with one worth $213 million and another valued at $13 million. The latter transaction was attributed to…
Supra and Google Partner to Bring Fast Price Feeds to Financial Markets
[PRESS RELEASE – Miami, Florida, October 23rd, 2023] Supra, a leading provider of secure, scalable oracles for decentralized applications (dApps), today announced a partnership with Google Cloud to bring fast…
Matrixport Doubles Down on $45,000 Bitcoin Prediction as FOMO Grips Crypto Market
Source: Pixabay Crypto financial services company Matrixport has doubled down on its earlier prediction that Bitcoin’s price could reach $45,000 by the end of the year as the FOMO sentiment…
Bitcoin Price Prediction as BTC Breaks $33,000: Is the ‘Next Wave’ Here?
Bitcoin, once again, is generating buzz as it surges past the $33,000 mark, raising speculations about a possible “next wave” in the cryptocurrency realm. Experts suggest that a potential market…
Cathie Wood’s Ark Invest Offloads Coinbase and Grayscale Bitcoin Trust, Buys Robinhood Stocks Amidst Crypto Surge
Cathie Wood’s Ark Invest Offloads Coinbase and Grayscale Bitcoin Trust, Buys Robinhood Stocks Amidst Crypto Surge Source: Ark Invest / Instagram Cathie Wood-led Ark Invest offloaded 42,613 shares of US-based…
Bitcoin Already Hit $38,000 on This Exchange as Flagship Cryptocurrency Resumes Rally
Bitcoin Logo / Source: Adobe Bitcoin has already breached $38,000 on crypto exchange Bitgamo as the leading cryptocurrency pumps amid optimism around spot exchange-traded fund (ETF). At the time of writing, BTC…
Ether Prices Reach A 2-Month High As Crypto Markets Experience Broad Rally
Ether Prices Reach A 2-Month High As Crypto Markets Experience Broad Rally Source: Pexels Ether prices climbed today, rising to their loftiest value in more than two months as the…
London Police Unleash Specialized 40-Member Unit to Hunt Down Crypto Criminals
In a decisive move to counter the escalating use of cryptocurrencies in criminal activities, London’s Metropolitan Police established a 40-member team specializing in crypto investigations. The move comes as authorities…
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.