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The market capitalization of a cryptocurrency is calculated by multiplying the price by the number of coins in circulation. The total cryptocurrency market cap has historically been dominated by bitcoin accounting for at least 50% of the market cap value where altcoins have increased and decreased in market cap value in relation to bitcoin.
That caused a significant decline in XRP's market capitalization and created chaos on the markets. [2] [3] According to Bloomberg, in November 2019, Coinmarketcap introduced a Liquidity metric designed to combat fake trading volume. [4] In April 2020, Binance, a cryptocurrency exchange, acquired Coinmarketcap for an undisclosed amount.
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. [ 2 ] Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding.
Market cap: $37.89 billion USDC is a stablecoin pegged to the U.S. dollar, and it operates on multiple blockchains, including Ethereum. It’s managed by Circle, a financial technology company.
The euphoria has led to even bigger gains among other top coins, pushing crypto's total market value to $3.7 trillion. ... Market cap: $18.22 billion. 7-day gain: 22.21%.
Bitcoin is the world's largest cryptocurrency, with a market capitalization of $1.9 trillion, and accounts for over half of the entire industry's market cap on its own. Even though it has only ...
A type of crypto exchange that operates without a central authority. Decentralized finance (DeFi) DeFi — short for decentralized finance — is a financial system based on peer-to-peer payments ...
The first and most widely used decentralized ledger currency, [8] with the highest market capitalization as of 2018. [9] 2011 Litecoin: LTC, Ł Charlie Lee: Scrypt: C++ [10] PoW: One of the first cryptocurrencies to use scrypt as a hashing algorithm. 2011 Namecoin: NMC Vincent Durham [11] [12] SHA-256d: C++ [13] PoW: Also acts as an alternative ...
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