How to determine the price for various Crypto?
Please consult the Market Data section for further information on this subject.
What does “market capitalization” mean and How is it calculated?
Market Capitalization is a method to rank the relative size of a cryptocurrency. It’s calculated by multiplying the Price by the Circulating Supply.
Market Capitalization = Price X Quantity of Circulating Supply.
What’s the distinction between “Currency in circulation,” “Total coin in circulation,” and “Maximum coin in circulation”?
The circulating supply is the most accurate estimate of the amount of coins on the market and in the public’s hands.
Total supply is the total number of coins available presently (except for coins that are confirmed to have been burned).
The maximum supply is the closest estimate of the total amount of coins that will be produced during the lifetime of a cryptocurrency.
Why is market capitalization calculated using Currency in Circulation rather than Total Currency?
We find that Circulating Supply is a significantly better measurement of market capitalization.Since coins that are reserved, locked, or unable to be traded on the open market cannot affect the price, they shouldn’t be able to have an impact on market capitalization as well. The Circulating Supply approach is similar to the public float method in traditional investing to determine a company’s market capitalization.
What is the difference between a “Coin” and a “Token”?
A Coin is a type of digital currency that can operate independently.
A token is a crypto that relies on another coin as a platform to function. To see a list of tokens and the platforms that support them, check out the crypto token listings.
What are the criteria required for cryptocurrency or exchange to be listed on CoinMarketCap?
For further information on this topic, please visit the methodology’s Criteria List section.
Why are average prices and total trading volume not included in non-fee markets?
A trader (or bot) can trade between markets on his own and generate a lot of “fake” volume without paying any costs during the trading session. It was unable to identify how much of the mass was fake, therefore CoinMarketCap removed it entirely from the calculations.
Why am I not seeing affiliate links for Exchanges on CoinMarketCap?
Due to compliance reasons, we have discontinued our affiliate program. Thus, affiliate links have been eliminated for all exchanges taking part in the Affiliate Program.
How can I buy crypto?
CoinMarketCap tracks the trading activities of thousands of marketplaces but does not sell any cryptocurrencies. Looking at the cryptocurrency’s markets section is the most effective way to decide where to purchase. For instance, you may check the” markets section for Bitcoin” to see where you can buy Bitcoin.
Which time zone does the website operate in?
Normally, all data is collected, recorded and reported according to UTC Universal Time, unless otherwise stated.
When did the 24-hour percent changes modify?
It will rotate in a 24-hour cycle based on the current time.
Why are you listing [add a random cryptocurrency]? It is cheating!
Almost all cryptocurrencies have at a certain point in their existence been regarded as scams. However, we offer the greatest resources so you may form your own decisions and we do not evaluate the qualities of any one cryptocurrency. Everything may be listed on the site as long as it satisfies the listing requirements.
Why don’t you list [ add a random cryptocurrency]?
Although we are making every effort to include all cryptocurrencies, it is impossible to list everything. Listing cryptocurrencies is an important manual procedure that requires significant time and resources to ensure correctness. Please check out the Criteria Listing section for detailed information on this topic.
Do you offer an Application Programming Interface for your data?
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Can I use the information (screenshots, data, charts,…) for my business or personal projects?
You can use the content for academic or journalistic purposes if you credit coinmarketcap.com as a source. Please follow the Terms of Use for the website.
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Why does a question mark occasionally display about a virtual currency’s total market capitalization and amount in circulation?
We collaborate directly with teams and developers to supply relevant blockchain technology information in order to guarantee trustworthy market capitalization rankings. The appearance of a question mark indicates that we have not fully verified the total amount in circulation and its related market capitalization.
Examine the parallels and differences of the stock market with CoinMarketCap.
The cryptocurrency market is inherently unpredictable and susceptible to unexpected accidents. This creates one of the biggest distinctions between stocks and cryptocurrencies in terms of investing behavior.
When markets are volatile, stock investors often hold their investments because they believe that the market will stabilize. However, HOLD isn’t always a good decision due to the market tends to be unpredictable. Therefore, selling coins when the price is gradually decreased in panic will be more common.
Demographic differences
In addition, trading behavior and methods are affected by the different demographics of stock and coin investors.
People from all backgrounds participate in stocks as it is considered a realistic way to prepare for retirement. You will see that plumbers, teachers and even teenagers are full with portfolios. They frequently think that investing in stocks will help make retirement more comfortable.
Cryptocurrencies are still an appropriate investment, though. The majority of cryptocurrency owners are men, in their 20s to early 30s and also attended college. They will have different behaviors such as being more willing to accept risks and flexible in capturing the market.
In general, stocks are more secure from fraud than cryptocurrency.
The majority of stocks need to apply strict regulations as well as be examined annually in order to be traded on the market. It is highly impossible that the shares you buy are fake due to the thorough inspection that comes with creating your own shares.
However, because cryptocurrencies are unregulated and decentralized, they might be vulnerable to fraud. Cryptocurrency exchange scandals reflect that you might quickly lose your investment portfolio in addition to the potential risks of withdrawal frauds with both ICOs and actual cryptocurrencies.
Compared to cryptocurrency exchanges, stock transactions will not be as susceptible to fraud. It just enhances the security of the stock. An important advice is to be cautious while dealing with cryptocurrencies.
Regarding fraud, there is another factor that differs between cryptocurrency and stocks. A stock that you buy is issued in your name and serves as evidence of your ownership. It is impossible to steal stocks since stock trading involves plenty of tracking and record keeping.
However, cryptocurrency is different. It is a digital currency and could be hacked. Furthermore, it does not attach to your name. Due to its nature, digital currency is more easily targeted by fraud and theft.
There are many scenarios involving successful cryptocurrency investors who executed everything correctly, gained millions of dollars, and then lost all as a result of a hacker.
Market capitalization affects coin values both positively and negatively, even if it does not determine a coin’s price entirely. Let’s examine the example below to have comprehensive information about CoinMarketCap’s importance.
How to Select Important Information on CoinMarketCap
Most investors access Coinmarketcap to follow price fluctuations that go up or down.
Besides, Coinmarketcap also offers many effective optimization methods, you can refer to 3 main information: Total Market Cap, BTC Dominance, Volume 24h.
Total Market Cap
Total Market Cap is an index of total Crypto market capitalization, which can help you know the strength of the cryptocurrency market. Recently, on July 19, 2021, market capitalization reached more than 1,269 billion USD.
Nonetheless, compared to other sectors like stocks, gold, FX, or the Dot com bubble,… the cryptocurrency market is relatively new and has a lot of potential.
You can calculate the capitalization value of coin/token as follows:
Market Cap = Circulating Supply x Price
In which:
- Circulating Supply: Total number of coins/tokens issued on the market.
- Market Cap: Market capitalization.
- Price: Price.
BTC Dominance
BTC Dominance (BTC.D) is defined as the amount of Bitcoin capitalization by the total capitalization of cryptocurrency. For example: BTC Dominance is 40%, which means Bitcoin accounts for 40% of total market capitalization and Altcoins is 60%
BTC.D represents the importance of Bitcoin while making it simple to monitor its circulating capitalization.
If BTC.D increases, Altcoins are drawn back to the value of BTC, which causes a significant reduction in altcoin prices.
If BTC.D drops, there is a substantial chance that an Altcoin period will occur and Altcoin prices will increase dramatically.
24h Volume
24h Volume, measured in USD, is the total trading volume of the cryptocurrency market in 24 hours. Additionally, the liquidity of any currency may be seen by looking at its trade volume.
For example, the volume of Chromia (CHR) is $338,743,830. It means that there was 338M USD of CHR successfully traded in the last 24 hours.
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