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) |
---|
Avalanche-Backed Stars Arena Faces $3 Million Security Breach
Source: AdobeStack / Sashkin Stars Arena, a social platform supported by Avalanche’s Contract Chain, has fallen victim to a significant security breach. In a Saturday tweet, the official Stars Arena Twitter…
Terra Luna Classic Price Prediction as LUNC Edges Closer to $0.00006 – Can It Hit $3 in 2023?
In the rapidly changing landscape of digital assets, Terra Luna Classic’s LUNC has been catching the eyes of many cryptocurrency enthusiasts. While its current price hovers around the $0.00006 mark,…
Bitcoin Price Prediction as BTC Projected to Reach $28,435 by Mid-October – Is a 9% Surge on the Horizon?
Bitcoin has been making waves in the cryptocurrency market recently, with speculations suggesting that the leading cryptocurrency might be on track to reach $28,435 by the middle of October. Recent…
Friend.tech Developers Amass Nearly $20 Million Since August Debut
Source: AdobeStock / REDPIXEL The development team behind friend.tech has amassed nearly $20 million in revenue since its launch in August. According to data from DeFiLlama, friend.tech currently holds the position…
$1m Fortune Won Playing Slots Game on No.1 Telegram Casino Mega Dice
A lucky player has won a $1 million fortune on the slots at No.1 Telegram casino, Mega Dice. A stake of $500 was turned into a $1 million haul in…
ProShares Launches Six Ether Futures ETFs, Expanding Crypto ETF Market
Source: Adobe Investment management firm ProShares Advisors has introduced six new futures products for Ether, marking the cryptocurrency’s debut in the ETF market. The newly launched ETFs, released on Monday, offer investors…
XRP Price Prediction as Daily Trading Volume Rises Above $500 Million – Is a Rebound from Bearish Sentiment in Sight?
In the volatile world of cryptocurrency, Ripple’s (XRP/USD) price stands out, with its daily trading volume now exceeding $500 million. Despite recent bearish sentiments, the surge has ignited speculation: Could…
Ethereum Network Fees Hits Yearly Lows; Is the Bottom In?
You’ve watched Ethereum’s rocky journey, puzzled by its plunging trading volume. Now, you’re noticing something new – the network fees are at their lowest. What’s going on? Is this the…
Man Who Acquired 5,000 BTC With $22 Completely Forgot About It and Came Back to a Fortune.
You’re about to dive into the thrilling tale of Kristoffer Koch, a man who casually bought 5,000 Bitcoins for just $22, then completely forgot about it. Imagine his surprise when…
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.