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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Hamas Received $41 Million in Crypto in Lead Up to Attack on Israel
source: Pixabay Investigations based on Israeli government seizure orders and blockchain analytics have indicated that Hamas, along with other militant groups such as Palestinian Islamic Jihad (PIJ) and Hezbollah, received…
Sam Bankman-Fried Wrote a Draft Twitter Thread For Alameda Closure Two Months Before FTX Collapse
Image Source: YouTube Former FTX boss Sam Bankman-Fried had written a draft Twitter thread to announce the possible closure of his hedge fund Alameda Research. The thread, which was drafted in September 2022, reveals that…
SBF’s Legal Time Seeks to Cross Examine Caroline Ellison Over FTX’s Anthropic Investment
Source: @carolinecapital / Twitter Sam Bankman-Fried’s defense team is preparing to question Caroline Ellison, the former CEO of Alameda Research, over FTX’s investment in AnthropicAI. The line of questioning would…
Rise in Chinese Banks Issuing Digital Yuan Corporate Loans
Rise in Chinese Banks Issuing Digital Yuan Corporate Loans Source: Vitalii/Adobe More Chinese banks are issuing loans in the digital yuan, the nation’s central bank digital currency (CBDC), as e-CNY…
Huobi, KuCoin Among Crypto Firms on UK Watchdog’s Radar
In a bold move aimed at safeguarding consumers, the FCA added 145 digital asset companies, including major exchanges Huobi-owned HTX and KuCoin, to its warning list. This decision follows the…
Upbit Saw a 117% Rise in Hacking Attempts in H1 2023
Upbit, a South Korean cryptocurrency exchange, faced over 159,000 hacking attempts during the first half of 2023, as reported by its operating company, Dunamu. This figure represents a significant surge,…
Coinbase’s Base Network Surpasses zkSync Era in TVL, Soars 25% to $558M: Data
Coinbase’s Ethereum layer-2 protocol, Base, has recorded a significant rise in its total value locked (TVL) once again, hitting $558 million this time. According to data from Ethereum layer-2 analytics…
Exciting Crypto Projects for Q4 2023: Dogecoin (DOGE), Tradecurve Markets (TCRV), Cardano (ADA)
As the final quarter of 2023 finally arrives, strategic investors are keeping an eye out for potential winners. In this article, we will delve into three prominent players: Dogecoin (DOGE),…
Cardano Founder Says SBF Getting a Free Pass From the Media Shows the Levels of Corruption
Charles Hoskinson, the founder of the Cardano blockchain, has slammed the mainstream media and everyone who is trying to paint the wrongdoings of Sam Bankman-Fried (SBF), the indicted founder and…
China Says Overseas Visitors Are Using e-CNY, Paying More Salaries with CBDC
China Says Overseas Visitors Are Using e-CNY, Paying More Salaries with CBDC Source: amazing studio/Adobe Chinese officials say uptake for the digital yuan is rising among overseas visitors – while…
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.