what is the market cap of all cryptocurrencies

What is the market cap of all cryptocurrencies

Bitcoin was the first cryptocurrency to see the light of day, back in 2009. But it wasn’t the cryptocurrency alone that prompted such international interest https://magazroxik.info/. Many believe that the more important novelty was Bitcoin’s underlying blockchain technology. Introducing decentralized peer-to-peer blockchains, the technology took the world by storm. For a few years, blockchain ledgers were the defining characteristic of any cryptocurrency. But that all changed with the official launch of IOTA.

Blockchain allows for the permanent, immutable, and transparent recording of data and transactions. This, in turn, makes it possible to exchange anything that has value, whether that’s a physical item or something more intangible.

According to the definition of cryptocurrency, the answer is no. The defining characteristic of any cryptocurrency is that security is ensured with cryptography. Moreover, cryptocurrencies aren’t issued by a central authority, like a bank. In theory, this makes them immune to government interference or manipulation.

All cryptocurrencies

Cryptocurrency prices are affected by a variety of factors, including market supply and demand, news, and government regulations. For example, news about developments in a cryptocurrency’s underlying technology can affect its price, as can news about government regulations. Also, the supply and demand of a particular cryptocurrency can affect its price. Finally, market sentiment and investor confidence in a particular cryptocurrency can also play a role in its price. We cover sentiment and technical analysis for example you can check top coins : Bitcoin, Ethereum, XRP, Cardano, Dogecoin.

Coinlore Independent Cryptocurrency Research Platform: We offer a wide range of metrics including live prices, market cap, trading volumes, historical prices, yearly price history, charts, exchange information, buying guides, crypto wallets, ICO data, converter, news, and price predictions for both short and long-term periods. Coinlore aggregates data from multiple sources to ensure comprehensive coverage of all relevant information and events. Additionally, we provide APIs and widgets for developers and enterprise users.

At the time of writing, we estimate that there are more than 2 million pairs being traded, made up of coins, tokens and projects in the global coin market. As mentioned above, we have a due diligence process that we apply to new coins before they are listed. This process controls how many of the cryptocurrencies from the global market are represented on our site.

The total crypto market volume over the last 24 hours is $172.65B, which makes a 34.94% increase. The total volume in DeFi is currently $27.22B, 15.77% of the total crypto market 24-hour volume. The volume of all stable coins is now $161.34B, which is 93.45% of the total crypto market 24-hour volume.

One of the biggest winners is Axie Infinity — a Pokémon-inspired game where players collect Axies (NFTs of digital pets), breed and battle them against other players to earn Smooth Love Potion (SLP) — the in-game reward token. This game was extremely popular in developing countries like The Philippines, due to the level of income they could earn. Players in the Philippines can check the price of SLP to PHP today directly on CoinMarketCap.

Related Links Are you ready to learn more? Visit our glossary and crypto learning center. Are you interested in the scope of crypto assets? Investigate our list of cryptocurrency categories. Are you interested in knowing which the hottest dex pairs are currently?

what is the market cap of all cryptocurrencies

What is the market cap of all cryptocurrencies

Coinlore Independent Cryptocurrency Research Platform: We offer a wide range of metrics including live prices, market cap, trading volumes, historical prices, yearly price history, charts, exchange information, buying guides, crypto wallets, ICO data, converter, news, and price predictions for both short and long-term periods. Coinlore aggregates data from multiple sources to ensure comprehensive coverage of all relevant information and events. Additionally, we provide APIs and widgets for developers and enterprise users.

In January 2024 the SEC approved 11 exchange traded funds to invest in Bitcoin. There were already a number of Bitcoin ETFs available in other countries, but this change allowed them to be available to retail investors in the United States. This opens the way for a much wider range of investors to be able to add some exposure to cryptocurrency in their portfolios.

These crypto coins have their own blockchains which use proof of work mining or proof of stake in some form. They are listed with the largest coin by market capitalization first and then in descending order. To reorder the list, just click on one of the column headers, for example, 7d, and the list will be reordered to show the highest or lowest coins first.

For smaller alternative cryptocurrencies or altcoins, there can be noticeable price discrepancies across different exchanges. At CoinCodex, we weigh the price data by volume so that the most active markets have the biggest influence on the prices we’re displaying.

The circulating supply of a cryptocurrency is the amount of units that is currently available for use. Let’s use Bitcoin as an example. There is a rule in the Bitcoin code which says that only 21 million Bitcoins can ever be created. The circulating supply of Bitcoin started off at 0 but immediately started growing as new blocks were mined and new BTC coins were being created to reward the miners. Currently, there are around 19.86 million Bitcoins in existence, and this number will keep growing until the 21 millionth BTC is mined. Since 19.86 million BTC have been mined so far, we say that this is the circulating supply of Bitcoin.

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