Top 50 Cryptocurrency Prices, Coin Market Cap, Price Charts And Historical Data

If you want to invest in cryptocurrency, you should first do your own research on the cryptocurrency market. There are multiple factors that could influence your decision, including how long you intend to hold cryptocurrency, your risk appetite, financial standing, etc. It’s worth noting that most cryptocurrency investors hold Bitcoin, even if they are also investing in other cryptocurrencies. The reason why most cryptocurrency investors hold some BTC is that Bitcoin enjoys the reputation of being the most secure, stable and decentralized cryptocurrency. Even though 10 is an arbitrarily selected number, being in the top 10 by market capitalization is a sign that the cryptocurrency enjoys a lot of relevance in the crypto market. The crypto top 10 changes frequently because of the high volatility of crypto prices.

Similar Coins to Bitcoin

Calculating the diluted market cap would take the maximum supply of Bitcoin into account instead. As such, we take 21 million and multiply it by the current BTC price of $10,550. The outcome of this sum is the diluted market cap of Bitcoin, which equals around $221.5 billion. There’s a lot of debate about how much weight should be placed on the size of the cryptocurrency market. Some critics claim that it’s an unwelcome legacy of the stock market — leading to misguided investment decisions and contributing to substantial levels of fear and greed. Aside from the value of their blockchain technology, scarcity tends to be a driving factor in a cryptocurrency’s value.

Some cryptoassets, such as Bitcoin (BTC), have limits to their maximum supply, meaning a predetermined number of coins will ever exist. It is important that crypto investors do not just take market cap metrics at face value. There are several differences between crypto and traditional financial markets that should always be considered. Cryptocurrency projects may have mechanisms in place that allow for the creation of additional tokens over time. This increase in circulating supply dilutes a token’s market cap and is a signal of reduced scarcity of the cryptocurrency. In addition to traditional market cap, another important concept is diluted market cap.

After you find the cryptocurrency you’re interested in on CoinCodex, such as Bitcoin, head over to the “Historical” tab and you will be able to access a full overview of the coin’s price history. For any given coin, you will be able to select a custom time period, data frequency, and currency. The feature is free to use and you can also export the data if you want to analyze it further. Crypto market how to airdrop nfts cap can offer valuable insights into the wider context of many cryptoassets.

What is tokenization? A guide to tokenized assets in crypto

The most experienced and professional traders often choose to use the best crypto API on the market. Our API enables millions of calls to track current prices and to also investigate historic prices and is used by some of the largest crypto exchanges and financial institutions in the world. CoinMarketCap also provides data about the most successful traders for you to monitor.

Circulating supply vs. total supply

There, you will be able to find a list of all the exchanges where the selected cryptocurrency is traded. Once you find the exchange that suits you best, you can register an account and buy the cryptocurrency there. You can also follow cryptocurrency prices on CoinCodex to spot potential buying opportunities.

LIt can be useful to compare the crypto market cap with the market capitalization of other asset classes to get a perspective of the relative size of the cryptocurrency market. However, it’s worth keeping in mind that different asset classes are fundamentally different in terms of liquidity and other important factors, so direct comparisons should be taken with a grain of salt. Small-cap cryptocurrencies have a market cap of lower than $1 billion, and are deemed to be the riskiest  investments. Whilst they have greater upside potential, small-cap coins are most susceptible to market volatility and generally have lower liquidity to withstand sudden, or high-volume, market movements. Small-cap cryptocurrencies have a market cap of lower than $1 billion, and are deemed to be the riskiest investments. While they have greater upside potential, small-cap coins are most susceptible to market volatility and generally have lower liquidity to withstand sudden, or high-volume, market movements.

Why is the crypto market cap important to investors?

Market cap is highly susceptible to market dynamics, sentiment shifts, and price fluctuations, even if the total supply remains constant. It can change rapidly, both upwards and downwards, making it a somewhat volatile metric. Some may mistakenly believe that market cap provides insight into a cryptocurrency’s fundamental value or the quality of its underlying technology and project. Investors often use market cap as a starting point for evaluating cryptocurrencies, though how they use it will largely depend on their investment goals and risk tolerance. The status of the general economy can also affect a cryptocurrency’s market capitalization. Hot wallets are able to be connected to the web, while cold wallets are used for keeping large amounts of coins outside of the internet.

Tether’s USDT was the first stablecoin ever launched, and is still the most popular option on the market. Learn how to track XRP transactions, check balances, access developer tools, and explore the XRPL ecosystem. Discover how asset tokenization works, its benefits, and the challenges it faces. Understanding how it’s used in investment strategy can be helpful for those looking to navigate this complex landscape.

• Crypto market capitalization or “crypto market cap” for short is a widely used metric that is commonly used to compare the relative size of different cryptocurrencies.
• Crypto market cap can offer valuable insights into the wider context of many cryptoassets.
• This is done by taking the supply figures and multiplying it with the price per asset.
• The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas.

It’s calculated by multiplying the current price of the cryptocurrency by the circulating supply, meaning the number of coins currently available. The total crypto market cap is calculated by adding together the can you use chromebook for programming yes you can market capitalizations of all cryptocurrencies. The crypto market cap reached its all-time high on Nov 23, 2024 at a value of $ 3.42T. Currently, the cryptocurrency market cap is down -1.03% from its all-time high. The crypto market cap is currently $ 3.38T following a 0.12% increase in the last 24 hours. Bitcoin is currently the largest crypto asset, accounting for 57.24% of the cryptocurrency market capitalization.

How can I buy a coin I like?

However, alternative designs such as Proof-of-Stake are used by some cryptocurrencies instead of mining. Cryptocurrencies such as Bitcoin feature an algorithm that adjusts the mining difficulty depending on how much computing power is being pundi x npxs sets for testnet launch gains 102% used to mine it. In other words – as more and more people and businesses start mining Bitcoin, mining Bitcoin becomes more difficult and resource-intensive.

Tracking cryptocurrency market cap is easy, thanks to numerous online resources and tools. While a high market cap can indicate a cryptocurrency’s maturity and stability, it also means that the asset may have already experienced significant growth. Mid-cap crypto assets may offer more significant price appreciation compared to large-caps, but come with higher risk. Circulating supply is the number of coins that are currently in circulation and available for trading. It excludes tokens that are held by the project’s founders, locked in smart contracts, or otherwise inaccessible.