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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Two Important Warnings the Shiba Inu Community Should Watch Out For
TL;DR Shiba Inu community warned about misleading emails and an unofficial LinkedIn account. Shiba Inu’s Ragnar clarifies that SHIB isn’t on the Fantom (FTM) chain. Officials caution against misused SHIB…
Trezor Launches New Hardware Wallets and Limited Edition Bitcoin-Only Device
In a move aimed at aiding diverse crowds entering the crypto space, Trezor has unveiled a trio of innovative products. These releases coincide with the 10th anniversary of the introduction…
Bitcoin Price Drops to 2-Week Low as Hamas-Israel Conflict Intensifies (Market Watch)
The price of bitcoin followed the recent trends in the rest of the crypto market and slumped below $27,000 to mark a two-week low. Most altcoins have calmed after several…
Everlodge (ELDG) Surges as Dogecoin (DOGE) and Axie Infinity (AXS) Face Exodus
Dogecoin (DOGE) and Axie Infinity (AXS) are struggling, but Everlodge is a new crypto that could be better. The platform makes it possible for people to buy and sell pieces…
Alameda Research Lost $200M to Several Phishing Attacks Due to “Poor Security Practices”: Ex-FTX Engineer
Source: AdobeStock / Rafael Henrique Former Alameda Research software engineer Aditya Baradwaj has exposed several security flaws that reportedly caused the FTX’s sister hedge fund at least a staggering $200…
Is It Too Late to Buy ApeCoin? APE Price Pumps 3% as New Telegram Crypto Casino Prepares for Grand Opening
Source / Sam Cooling Amid 8-months of downside price action, the governance token for Bored Ape Yacht Club (BAYC) – ApeCoin (APE) – has pumped +3%, as price finds feet…
DeFi Protocol Platypus Finance Hacked for Over $2 Million on Avalanche – Here’s What Happened
Source: Adobe / Roman Samokhin Decentralized finance (DeFi) protocol Platypus Finance has fallen victim to a security breach resulting in the loss of over $2 million. In a recent blog post on…
TON Foundation Aims to Secure Guinness World Record as the World’s Fastest Blockchain
Source: Adobe / manabanana On October 11, the Open Network Foundation (TON Foundation) announced its participation in a Guinness World Records-approved competition to claim the title of “world’s fastest blockchain.”…
Bitcoin Price Prediction: BTC Drops Almost 3% Following FOMC’s Assertive Remarks; Awaits US CPI Insights
In the wake of the Federal Open Market Committee’s (FOMC) recent assertive commentary, Bitcoin price experienced a near 3% dip. The central narrative hinged on the minutes from the Federal…
Important Ripple Developments, New XRP Price Predictions, SHIB Milestones: Bits Recap Oct 11
TL;DR Ripple’s CFO Kristina Campbell departs after two and a half years. Analyst EGRAG CRYPTO suggests XRP might rise to $1.12 by early 2024. Shibarium blockchain advances; however, Shiba Inu’s…
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.