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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European Central Bank Moves Forward on CBDC Project After Concluding 2-Year Research Phase
On October 18, the ECB Governing Council stated that it had decided to move to the next phase of the digital euro project. The move into the preparation phase for…
Calgary Residents Lose Over $22 Million to Crypto Scams Amid Bear Market
The Calgary Police Service issued a warning to residents to beware of fraudsters who promise high returns on crypto investments, noting that Calgary victims have lost more than $22 million…
Meitu Focuses on AI Growth, Moves Away from BTC, ETH Investments
Meitu (1357), the pioneering Hong Kong-listed company known for its ventures into cryptocurrencies, has recently announced a strategic shift away from digital assets like Bitcoin and Ethereum. The company, which…
Not Long Before Next Stage Of TUK Token – Get Involved With EV-Focused eTukTuk Now
A pressing concern we face today is climate change, and this requires a comprehensive array of solutions to tackle. eTukTuk (TUK), powered by crypto and blockchain technology, steps up to…
Rise in Number of French Stores Accepting Bitcoin
Source: Richard Villalon/Adobe A growing number of French stores are accepting Bitcoin as a form of payment – ranging from large shopping malls to traditional restaurants. The fast-growing group now…
Security Concerns Prompt Bitcoin Core Developer to Leave Lightning Network
Source: AdobeStock / 24K-Production Antoine Riard, a security researcher and developer, has announced his departure from the Lightning Network’s development team, citing security issues and challenges that pose a threat…
Bitcoin Dominance Reaches Over 49%, Highest in 2 Years – What’s Going On?
Source: Adobe Stock Bitcoin (BTC)‘s dominance in the cryptocurrency market has surpassed 49%, reaching its highest level in more than two years. According to data from CoinGecko, Bitcoin’s dominance currently…
Bitcoin Price Prediction as $10 Billion Sends BTC Above $30,000 Resistance – New Bull Market Officially Starting?
Bitcoin, the pioneering digital asset, has once again captured global attention as it surges past the formidable $30,000 resistance level. A colossal inflow of $10 billion has catalyzed this rally,…
Hong Kong’s SFC Moves to Update Crypto Market Regulations Following New Market Developments
Source: Securities and Futures Commission (SFC) Hong Kong’s Securities and Futures Commission (SFC) has announced plans to update its framework on cryptocurrency sales and requirements amid the evolving market development…
Solana’s Strong Recovery in 2023: SOL vs ETH Ratio Hits Yearly Highs
Solana had a strong association with FTX, and the latter’s collapse last year had significant repercussions for the SOL token. However, the seventh-largest crypto-asset has pursued a strong recovery this…
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.