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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Dogecoin Price Prediction: DOGE Rallies Up 4% as End of Year Bull Market Approaches – $1 Incoming?
As the year-end bull market looms, Dogecoin (DOGE) showcases a remarkable rally, surging by 4% and reigniting speculations of a potential leap to the $1 mark. The crypto landscape has…
Web3 and Sustainability – Investors are Buying This Green Token with Three Streams of Passive Income
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Sustainability is expanding its foothold in every market. Consumers are more conscious than ever about the…
Bitcoin Price Prediction as BTC Bulls Secure $26,000 Level – Is The Next Leg Up Starting?
As the BTC/USD pair exhibits a modest +0.25% gain, trading today at $26,916, the crypto community buzzes with speculation and optimism. Driving this uptrend is the SEC’s recent approval of…
Ferrari Greenlights Crypto Payments for Supercars – Adoption on the Rise?
Image Source: Pixabay Luxury sports car manufacturer Ferrari has announced the acceptance of cryptocurrency payments for its vehicles in the United States, with plans to extend the offering to Europe in response…
Coinbase Trading Volume Hits Pre-IPO Levels in Latest Quarter: Report
Coinbase – which happens to be the largest US crypto platform – registered nearly $76 billion in spot trading volume, according to a new Bloomberg report. This marks a 52%…
MetaMask Returns to Apple’s App Store After a Brief Hiatus
The team behind the popular Ethereum-native wallet warned earlier today that its application was removed from Apple’s app store. However, the issues seem to be resolved now, and MetaMask can…
Zero-Transfer Phishing Losses Surge to 451M USDT on Tron Network: Data
Zero-transfer phishing scams have continued to plague the crypto space, with bad actors siphoning millions of digital assets from unsuspecting victims. Blockchain analytics platform Bitrace revealed that the damage scale…
Alameda Research Minted Over $39B USDT, Accounting for Nearly Half of Tether’s Circulating Supply
Conor Grogan, a director at Coinbase, recently took to X to point out that on-chain data reveals that Alameda Research minted 39.55 billion USDT tokens. This figure represents 47% of…
Bitcoin Lightning Network Growth Surges by 1,200% in 2 Years
Bitcoin’s Layer 2 Lightning Network has witnessed a 1,212% growth in just two years. In August 2023, the network recorded approximately 6.6 million routed transactions, a substantial increase compared to…
Hamas’ Cryptocurrency Ties May Add Momentum to Senator Warren’s Anti-Crypto Bill
Image source: Pixabay The revelation that the recent attack in southern Israel, which allegedly resulted in the deaths of 1,200 Israelis, was partially funded with cryptocurrency has added fuel to…
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.