How does CoinMarketCap track 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. CoinMarketCap circa 2013.

How much is CoinMarketCap worth?

According to Bloomberg, in November 2019, Coinmarketcap introduced a Liquidity metric designed to combat fake trading volume. In April 2020, Binance, a cryptocurrency exchange, acquired Coinmarketcap for an undisclosed amount. Forbes suggested that the deal could be worth $400 million.

What are the top 100 crypto coins by market capitalization?

Top 100 Crypto Coins by Market Capitalization # Name Price 24h % 7d % 1 Bitcoin 1 BTC Buy $48,724.74 1.88% 8.26% 2 Ethereum 2 ETH Buy $3,520.67 0.26% 9.14% 3 Cardano 3 ADA $2.40 0.18% 0.55% 4 Binance Coin 4 BNB Buy $418.04 0.14% 3.05% 39 more rows ...

How is crypto market cap calculated?

In crypto, market cap is calculated by multiplying the total number of coins that have been mined by the price of a single coin at any given time. One way to think about market cap is as a rough gauge for how stable an asset is likely to be. (It’s important to note that even Bitcoin, crypto’s biggest market cap, still sees volatility.)