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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What is BounceBit: Liquid Restaking on Bitcoin
The concept of liquid restaking, a topic that has gained significant popularity in recent quarters, offers users the exciting possibility to extract additional value from their staked tokens. Predominantly, however,…
Core Scientific Sees Revenue Surge in 1Q24 Post-Bankruptcy Emergence
The leader in Bitcoin mining has announced its financial performance for the first quarter of 2024, revealing an improvement since its emergence from bankruptcy. The company reported a net income…
EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable
Last updated: May 11, 2024 05:11 EDT | 2 min read Ethereum restaking protocol EigenLayer has initiated its token-claim process, commonly referred to as an “airdrop,” for Season 1, Phase…
Wells Fargo Banks Has Invested $143 Million In Bitcoin, Filing Reveals
Last updated: May 10, 2024 17:19 EDT | 1 min read Wells Fargo, the third largest bank in the United States, has invested in one of the country’s new Bitcoin…
International Monetary Fund Tells Nigeria To Regulate Crypto Trading Platforms
Last updated: May 10, 2024 16:03 EDT | 2 min read The International Monetary Fund (IMF) recommended on May 10 that Nigeria regulate crypto trading platforms amid the African nation’s…
South Korea’s Bitcoin Kimchi Premium Drops: What Does it Mean for BTC?
The Bitcoin kimchi premium in South Korea has plummeted significantly amid a broader market decline, signifying weakened enthusiasm among digital asset investors in the country. According to data from CryptoQuant,…
Cardano (ADA) Price Predicted to Explode by 1,500%: A Plausible Target or a Ridiculous Forecast?
TL;DR Analysts predict that Cardano’s ADA, currently priced at around $0.46, could replicate its 2021 surge, with an optimistic target set at $7.80. Additional bullish forecasts suggest the asset might…
Slothana Rises 30% Leaving Presale Investors 70% Up – Could Sealana be the Next Meme Coin ICO to Explode?
The meme coin space is experiencing a strong end to the week after Slothana (SLOTH) rocketed over 30%. Presale investors are now up around 70% since the token’s DEX debut….
AI Coins Pumping: Turbo, The Graph, WienerAI Among Top Gainers
Crypto traders can’t get enough of AI coins lately. Several tokens focused on artificial intelligence have been pumping hard this week, with price movements that have turned heads. From indexing…
Transparency at Its Peak: Bybit Releases Full Proof-of-Reserves, Reinforcing Market Trust
[PRESS RELEASE – Dubai, United Arab Emirates, May 10th, 2024] Bybit, one of the world’s top three crypto exchanges by volume, has once again underscored its dedication to transparency and…
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.