What is the CoinMarketCap homepage?

The CoinMarketCap homepage is a live price ticker of thousands of cryptocurrency coins and tokens listed in order of market cap. As a rule, Bitcoin and Ethereum are always the top two (due to their market capitalization), but below that, projects shuffle around, making the homepage itself a living record of the crypto industry.

How does CoinMarketCap track the capitalization of cryptocurrencies?

We tracks capitalization of various cryptocurrencies by listing prices, available supply (amount of coins that is currently in circulation), trade volume over last 24 hours, or market capitalizations. CoinMarketCap was founded in May 2013 by Brandon Chez in Long Island City, Queens, New York.

What is the market cap of a cryptocurrency?

It’s similar in cryptocurrency, except cryptos don’t represent equity in a company like stocks. The market cap of a coin is simply what you’d get if you added up every available coin at the current price per coin. Imagine if you cashed out every Bitcoin in existence at the exact same time. That’s the market cap.

What is altcoin market cap?

Market cap is a primary measure of total value. When altcoins have a high market cap, they are usually seen as more reliable – based on the assumption that more people have invested in that cryptocurrency – and when they have a low market cap they are seen as speculative, new, and less reliable cryptocurrencies.