Free Cryptocurrency Converter & Calculator Tool

The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. Past performance is not necessarily indicative of future results. The top 10 cryptocurrencies are ranked by their market capitalization.

The percent change in trading volume for this asset compared to 7 days ago. The percent change in trading volume for this asset compared to 1 hour ago. CryptoRank provides crowdsourced and professionally curated research, price analysis, and crypto market-moving news to help market players make more informed trading decisions. If you’re looking for a set of practical and insightful crypto market information and data, we have the analytics tools to suit your business needs.

What is crypto market cap?

Node count reveals how many active wallets exist on a network. This is why many investors use a market cap/node count ratio to determine whether a cryptocurrency is under- or overbought. To fully understand them, we must first look at the stock market.

Over time, the simplicity of market cap has made it the most popular way to compare cryptoassets. It’s important because crypto investors, exchanges, aggregators, and project owners think it’s important. Even though market cap is a widely used metric, it can sometimes be misleading. A good rule of thumb is that the usefulness of any given cryptocurrency’s market cap metric increases in proportion with the cryptocurrency’s trading volume.

Crypto Market Cap Calculator – Compare

With stocks, the total supply is fixed and can rarely be changed. When it comes to tokens, however, an emission schedule can guarantee an instrument’s continual inflation. The increase in circulating supply that takes place over time leads to a higher market cap.

Enter the https://www.beaxy.com/ market value ($) and the number of coins in circulation into the Crypto Price Calculator. In addition to a real-time data streaming service, we provide access to a database of historical market data. Actually, that’s one of the integral purposes of CoinStats – We’re actually #1 in the world by the number of integrated wallets and exchanges! By connecting your wallets and exchanges, you can receive timely calculations and alerts about your portfolio’s ups and downs. And the best aspect of CoinStats is that it’s completely secure and trusted by more than a million monthly active users. Of all portfolio managers on the market, CoinStats supports the most number of wallets and exchanges.

Total Crypto Market Cap Token Price Chart (USD)

Most pricing index ETC issuers fail to detail how they price instruments or where they get their data. Our methodology takes the price at which an instrument last traded on each exchange, weighted by the general trading volume over the past 24 hours. To summarize, crypto market cap matters because it’s easy to understand and a decent starting point for analyzing a cryptoasset.

A high redemption impact score indicates a less stable price while a low score indicates that an asset can maintain a relatively stable price through dynamic market activity. In reality, the majority of cryptocurrencies have high redemption impact scores. As with other cryptoassets, Bitcoin’s market cap is determined by multiplying its circulating supply by its current price. It is worth noting that, due to the finite supply of Bitcoin, at some point, circulating supply and total supply will be equal. At that time, Bitcoin’s market cap will have only one dynamic determinant, the price.

This includes privacy technologies, different distributed ledger architectures BTC and consensus mechanisms. A distributed ledger is a database with no central administrator that is maintained by a network of nodes. In permissionless distributed ledgers, anyone is able to join the network and operate a node. In permissioned distributed ledgers, the ability to operate a node is reserved for a pre-approved group of entities.

crypto market cap converter Analysis Historical performance and stats for all cryptocurrencies.GitHub Analysis Development activity on Github for open source cryptocurrencies. Cryptocurrencies such as Bitcoin feature an algorithm that adjusts the mining difficulty depending on how much computing power is being 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. This feature is implemented so that the Bitcoin block time remains close to its 10 minute target and the supply of BTC follows a predictable curve. Tether’s USDT was the first stablecoin ever launched, and is still the most popular option on the market. Generally, altcoins attempt to improve upon the basic design of Bitcoin by introducing technology that is absent from Bitcoin.

CRO = 0.0649 USD

With a crypto market cap converter, it’s possible for participants from across the world to verify and agree on the current state of the ledger. Blockchain was invented by Satoshi Nakamoto for the purposes of Bitcoin. Other developers have expanded upon Satoshi Nakamoto’s idea and created new types of blockchains – in fact, blockchains also have several uses outside of cryptocurrencies. A blockchain is a type of distributed ledger that is useful for recording the transactions and balances of different participants.

• If the same coin’s value remains stable at $1 and if the circulating supply increases to 2 million then its total market cap is $2,000,000.
• Over the past few years, several studies have concluded that some token owners send fake volume to exchanges to make their projects appear more attractive to investors.
• For example, high market cap could indicate that a cryptocurrency is resistant to volatility.
• The project will then offer the tokens for sale to raise the capital necessary for funding development.

Although this leads to a higher market cap, it doesn’t really add value. That said, having real-world applications remains a difficult task for most crypto projects. While most stocks have fixed issuance mechanisms, in the case of cryptocurrencies, many protocols are designed to expand continuously, thus inflating token supply over time. Price, on the other hand, is affected by internal factors such as profit, expected profit, and plans for growth. How investors perceive these factors influences supply and demand and determines the price of a stock.

Stocks represent ownership of a company that creates economic and social value. Depending on the type of stock, ownership can provide a shareholder with the right to receive dividends, vote, and participate in procedures aimed at raising liquidity. Tokens represent participation in a network that may or may not generate value.

A complete real-time knowledge of the status of all markets makes it easier to run market-making strategies. It is said that data scientists spend 80% od their time collecting and cleaning data. That rule had applied to us before CoinAPI started – their team provided us with clean and accurate data sets.

A far more accurate calculation is achieved by using circulating supply. For more on the cons of using total supply, see the next question below. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap.

• All that said, when considered with other indicators, crypto market cap can be useful.
• The addition of market cycle analysis enhances market cap and makes it more dynamic.
• The feature is free to use and you can also export the data if you want to analyze it further.
• They believe these currencies have more room for price appreciation.
• Binance requires users to complete Identity Verification to increase their account security.
• At that time, Bitcoin’s market cap will have only one dynamic determinant, the price.

It is often used for its simplicity and relative effectiveness at assessing the quality of a stock. To calculate the market cap of a company, multiply shares outstanding by the current price per share. Let’s take a minute to examine both components of the equation.

Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Circulating supply shows the number of coins or tokens that have been issued so far.