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 Outlook – DOGE Remains Bullish as Dogeverse Could Also be Set to Pump
Dogecoin (DOGE) has had mixed fortunes lately. The coin rose throughout March but fell dramatically in April and early May. However, despite DOGE’s volatility, many traders remain bullish on its…
AI Predicts China Will Ban High-Energy Blockchains
Last updated: May 8, 2024 07:48 EDT | 1 min read China, known for its significant share of the global cryptocurrency mining industry, has been grappling with the environmental ramifications…
Six Arrested in Connection with Austrian Crypto Fraud Scheme, €2M Worth of Assets Frozen
Last updated: May 8, 2024 07:38 EDT | 2 min read A joint operation involving national authorities from Austria, Cyprus, and the Czech Republic has led to the arrest of…
Bitpanda Expands Partnership with Raiffeisen to 55 Additional Banks
Last updated: May 8, 2024 07:34 EDT | 2 min read Major European Investing-as-a-Service provider Bitpanda Technology Solutions has expanded its partnership with banking giant Raiffeisen. Now, customers of the…
Bullish Bias Persists for Bitcoin (BTC) Options Markets: Kaiko
According to data from Kaiko, a bullish bias persists for Bitcoin options despite the recent market volatility. Last week, Bitcoin experienced volatility, briefly dipping below the $57,000 mark before experiencing…
Grayscale’s GBTC Halts Massive Outflow Streak With $4M Inflows
Grayscale’s spot Bitcoin ETF – GBTC – recorded its second consecutive day of net inflows on Monday, attracting $4 million into the trust. In doing so, GBTC shattered the four-month…
Will Ethereum Bulls Manage to Keep the Price Above $3K? (ETH Price Analysis)
Ethereum’s price has encountered challenges in breaking below the critical $3K support region, with selling pressure being met by sufficient demand, resulting in sideways consolidation. However, a sudden breach of…
Key Shiba Inu (SHIB) Indicator Explodes by Almost 400%: Details
TL;DR Shiba Inu has experienced significant increases in large transaction volumes and daily active addresses, despite a recent 6% drop in value. Positive developments in SHIB’s ecosystem, including a surge…
InceptionLRT v2 Launches as the First Liquid Restaking SuperDapp
[PRESS RELEASE – Dubai, UAE, May 6th, 2024] InceptionLRT v2 is set to redefine the DeFi landscape as the first Liquid Restaking SuperDapp within the EigenLayer ecosystem, officially launching with…
Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset Trading
Last updated: May 7, 2024 11:00 EDT | 1 min read Non-fungible token (NFT) platform Ethernity, said it has switched to an artificial intelligence (AI) enhanced Ethereum Layer 2 network…
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.