AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Crypto market watch12/31/2023 Set up a crypto alert for your favorite coin stats or your portfolio tracker. Here's what you can do on the CoinMarketCap App - crypto news: Track over 45,000+ active cryptocurrency markets and compare cryptocurrencies based on their price Stay up to date on the latest crypto news and coin stats with this crypto tracker app.Ĭustomize crypto prices alerts for your favorite cryptocurrencies Track 11,000+ cryptocurrencies, including: Bitcoin, Ethereum, Binance Coin, Ripple, Cardano, Dogecoin, Shiba Inuĭiscover the latest blockchain and NFTs technology trends from top cryptocurrency media outlets.Ĭreate your own portfolio with our real-time portfolio tracker It has never been easier to have your crypto portfolio, coin stats and latest Bitcoin and crypto news together in the same crypto tracker app.ĬoinMarketCap is a free crypto tracker app that allows you to: Choose your favorite cryptos for your crypto portfolio tracker and have all the data updated in real time. Stay up-to-date with daily live crypto prices, coin stats and market trends with our crypto tracker app. Therefore it makes sense to also check Coinmarketcap for the 24-hour trading volume that a cryptocurrency has on different exchanges over a reasonable period and other essential criteria before investing.We are the number one source for crypto news, coin stats and cryptocurrency tracking. For instance, market cap as a metric doesn’t say much about actual trading volumes over the last couple of hours. However, be aware that they may also crash, literally from one minute to the next.Īs always with cryptocurrencies, we recommend to do thorough research before investing and consider all vital factors involved. Small-cap cryptocurrencies are often extremely volatile and considered a highly risky investment, albeit sometimes with a lot of potential (short-term) growth. Mid-cap cryptos are more volatile but also have a lot more growth potential than large-cap cryptocurrencies. These coins are likely to be less volatile than other cryptocurrencies but still more volatile than traditional assets like stocks. Investing in coins with large market capitalisation is usually a conservative strategy. These are companies with a market cap of more than $10 billion. Large-cap cryptocurrencies are generally considered to be safe crypto investments. The reason is that the market cap of a cryptocurrency more or less reflects the popularity of a coin over a longer term. I s market cap the best way to measure the popularity of a cryptocurrency?Įven though the market cap of a project is still seen as the most important indicator of relevancy, the concept behind this is often subject to criticism. ![]() ![]() The market cap of a cryptocurrency more or less reflects the popularity of a coin over a longer term. After all, it is only the circulating supply that is really available on the market right now. Bear in mind that it is important to monitor the circulating supply of a cryptocurrency - not the total supply. On Coinmarketcap all prices are calculated by the volume-weighted average of all the prices from different exchanges. It also offers the crypto world’s most popular index for all relevant financial metrics for cryptocurrencies. Market Cap = Price (X times) Circulating SupplyĬoinmarketcap is currently the most popular website to keep track of market cap of cryptocurrencies and to get an overview of how popular each currency is. The market cap of a cryptocurrency is determined by the current price multiplied by the circulating supply: For this reason, market cap is often regarded as the single most important indicator for ranking cryptocurrencies. In general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market.
0 Comments
Read More
Leave a Reply. |