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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Here’s Why Loom Price Is Down Over 70% in The Last 4 Days
TL;DR Loom Network’s Price Surge: The LOOM cryptocurrency saw a significant price increase, rallying 1000% since September, moving from a range of $0.04-$0.06 to an all-time high (ATH) of $0.343….
Accounting Prof Exposes Mishandling of Customer Funds During FTX Trial
A renowned accounting professor from the University of Notre Dame, Peter Easton, has delivered a stark revelation during the Sam Bankman-Fried trial. Easton’s meticulous analysis of Alameda Research and FTX’s…
Bitcoin Slides 6% After Failing to Break $29,900 But Remains Bullish in This Channel, While Bitcoin Minetrix Continues to Rise
Bitcoin (BTC) is down by 5% from the week’s high set at $29,900, as it currently sits at the $28,250 level. A false report that a BlackRock Bitcoin ETF had…
Spot Bitcoin ETF is Inevitable: Jay Clayton (Throwback Thursday)
TL;DR Former SEC Chair Jay Clayton believes a spot Bitcoin ETF approval by the SEC is “inevitable,” noting high demand from both retail and institutional investors. Bitcoin price spiked on…
Binance France Director Steps Down Amid Ongoing Senior Leadership Exits
Source: AdobeStock / Iryna Budanova Binance France’s general manager has decided to step down from her role after one year and six months, adding her name to the list of…
Arkansas Residents Outcry Over Rising Crypto Mining Nuisance, Senator Seeks Governor’s Response
Source: Pixabay A senator from the US state of Arkansas is seeking answers from the governor’s office as there is an increase in the outcry over unwanted cryptocurrency mines in…
California’s Crypto Regulation: Will It Push Firms Out?
Source: AdobeStock / Maksym Yemelyanov California has signed the Digital Financial Assets Law, raising concerns within the industry regarding the potential consequences of this legislation. On Friday, Governor Gavin Newsom signed the bill into law,…
Avalanche Blockchain Developer Looks to Expand in India, Hires Key Positions
Source: Pixabay Ava Labs, the crypto firm supporting the Avalanche blockchain, is reportedly having plans to partner with Indian government agencies and institutions to expand its operations and help build…
Chainalysis Highlights Flawed Analysis in Assessing Crypto’s Role in Terror Financing
Source: Adobe / Catalin Pop Blockchain analytics firm Chainalysis has raised concerns over the accuracy of recent reports regarding the extent of cryptocurrency’s role in terrorist financing. Following the recent…
Reddit Winds Down Blockchain-Based Community Points, Cratering Related Tokens
Back in 2020, Reddit launched Community Points, an initiative that rewarded high-quality posters by giving them Ethereum-based tokens that could be spent on badges and emojis on the platform. At…
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.