Top Cryptocurrencies Listed by Market Cap
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04:53 AM | Apr 26, 2024
Here is the list of cryptocurrencies, sorted by market cap, featuring key players like Bitcoin and Ethereum, among a wide array of other cryptocurrencies. This list provides a clear view of each crypto's market value and ranking, perfect for anyone delving into the crypto market.
Market Stats
Market Cap
₹21,80,31,23,92,72,116.84
24h Trading Volume
₹74,24,86,24,77,887.81
Details
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Last updated: 04:53 AM | Apr 26, 2024
The global crypto market cap is around ₹21,80,31,23,92,72,116.84, and the total trading volume over the last 24 hours is about ₹74,24,86,24,77,887.81.
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| # | Coin | Price | 1H | 24H | 7D | 24H Volume | Market Cap |
|---|---|---|---|---|---|---|---|
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Frequently Asked Questions
What is 'Market Cap' in Cryptocurrencies?
Market cap, short for market capitalization, in cryptocurrencies refers to the total value of all the coins that have been mined. It's calculated by multiplying the current price of a single coin by the total number of coins in circulation.
Does a High Market Cap Indicate a Better Investment?
Not necessarily. A high market cap indicates a cryptocurrency is more widely adopted and has a larger market share, which can imply stability and longevity. However, it doesn't guarantee better investment returns or lower risk. Investment potential depends on various factors including technology, market trends, and regulatory environment.
How Often is the Cryptocurrency Market Cap List Updated?
The cryptocurrency market cap list is updated very frequently, often every few minutes, due to the volatile and 24/7 nature of cryptocurrency markets. This updating is done by various financial websites and platforms that track cryptocurrency prices and market caps.
Why is Market Cap Important in Evaluating Cryptocurrencies?
Market cap is important because it provides a quick estimate of a cryptocurrency's worth and its relative size in the market. A larger market cap often indicates higher liquidity, making it easier to buy or sell the cryptocurrency. It also helps in comparing and assessing the risk and potential growth of different cryptocurrencies.
Does a High Market Cap Indicate a Better Investment?
A high market cap in cryptocurrencies suggests greater market adoption and stability but does not automatically equate to a better investment. It's essential for investors to assess other factors such as the project's fundamentals, technological innovations, market trends, and regulatory environment, alongside their personal investment strategy and risk appetite, to determine if a cryptocurrency is a suitable investment.
