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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OKX Exchange to List WIF and MEW for Spot Trading
The popular OKX Exchange is set to introduce spot trading for WIF and MEW, providing users with more options for trading digital assets. Stay tuned for this exciting new development in the crypto world!
EY Launches Ethereum-Based Blockchain Tool to Simplify Business Agreements
Last updated: April 17, 2024 00:01 EDT | 2 min read Accounting firm EY launched an Ethereum-based blockchain solution on Wednesday. It aims to help businesses execute complex agreements, reduce…
South Korean Central Bank to ‘Speed up’ CBDC Project
Last updated: April 16, 2024 23:00 EDT | 2 min read The South Korean Central Bank is set to “speed up” its CBDC project, and will pilot its digital KRW…
Runes Will “Close The Gap” Between Bitcoin and Ethereum: Franklin Templeton
Last updated: April 16, 2024 21:40 EDT | 1 min read Bitcoin’s soon-to-launch “Runes” token standard will allow the premiere crypto network to catch up to rivals in the realm…
SpaceCatch – The GameFi Project That Takes the Industry by Storm is Ready to Expand Its Community
If there is one thing that history has taught us over time in the crypto industry, it is that (most of the time) the size of the community is directly…
Bitcoin Drops 10% Weekly But Big Players Stay in the Game
Bitcoin suffered yet another tumble, losing roughly 10% over the past week. Despite these volatile price movements, Santiment’s latest analysis reveals that key stakeholders aren’t budging on their BTC holdings….
Solana Meme Coin ‘Slothana’ To Airdrop Tokens, Launch On DEX In 13 Days
A new wave of memetic excitement is set to burst onto the Solana blockchain, with the esteemed Slothana token launching on DEXs in thirteen days. It is currently in its…
Dogecoin20 Meme Crypto Project Announces IEO, Claim Date – April 18 10am UTC
After immense presale success, Dogecoin20 now looks toward its IEO, set to take place on Doge Day (April 20). The team has also just announced an adjusted presale token claim…
Three Reasons Why the Shiba Inu (SHIB) Price Can Take Off Soon Despite Recent Crashes
TL;DR Shiba Inu’s price has dropped 25% over the past week, but essential factors indicate that a fresh rally could be just around the corner. One such element is the…
Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas
Samsung’s latest move to secure $6.4 billion in US government grants for chip manufacturing expansion in Texas is set to boost its presence in the tech industry. The company aims to strengthen its position in the market through this strategic investment.
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.