You can find cryptocurrency charts for more than coins, and access key data such as up-to-date prices, all-time high price, cryptocurrency market cap, trading volume and more. The crypto charts provided by CoinCodex are incredibly flexible – you can watch real-time prices or select between 8 pre-defined time frames, ranging from 24 hours to the entire price history of the coin. CoinCodex also gives you the ability to compare the price action of different cryptocurrencies on a single chart.
Now, let’s provide a simple theoretical example of how the value of stablecoins actually stays stable. In order to send and receive a cryptocurrency, you need a cryptocurrency wallet. In the case of Bitcoin, as long as you control the private key necessary to transact with your BTC, you can send your BTC to anyone in the world for any reason. A distributed ledger is a database with no central administrator that is maintained by a network of nodes. In permissionless distributed ledgers, anyone is able to join the network and operate a node.
In that case, you might want to consider using a cryptocurrency like XRP or Stellar Lumens instead. If you want to use decentralized applications and need smart contract functionality, a cryptocurrency such as Ethereum or EOS would be the best choice. CoinCodex tracks 338 crypto exchanges and thousands of trading pairs to make sure that our data is as reliable as possible. Our comprehensive guides provide clear, step-by-step instructions accompanied with images. This resource empowers everyone—from beginners to experts—to get the most of crypto with ease and confidence.
A good rule of thumb is that the usefulness of any given cryptocurrency’s market cap metric increases in proportion with the cryptocurrency’s trading volume. Crypto market capitalization or “crypto market cap” for short is a widely used metric that is commonly used to compare the relative size of different cryptocurrencies. On CoinCodex, market cap is the default metric by which we rank cryptocurrencies on our frontpage.
CoinCodex tracks 39,000+ cryptocurrencies on 300+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. Alternatively, an increase in circulating supply can also lead to an increase in market cap. However, an increase in supply also tends to lead to a lower price per unit, and the two cancel each other out to a large extent. In practice, an increase in price per unit is the main way in which a cryptocurrency’s market cap grows.
Crypto market cap matters because it is a useful way to compare different cryptocurrencies. If Coin A has a significantly higher market cap than Coin B, this tells us that Coin A is likely adopted more widely by individuals and businesses and valued higher by the market. On the other hand, it could potentially also be an indication that Coin B is undervalued relative to Coin A. 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.
It combines non-fungible tokens (NFT), in-game crypto tokens, decentralized finance (DeFi) elements and sometimes even metaverse applications. Players have an opportunity to generate revenue by giving their time (and sometimes capital) and playing these games. The total crypto market volume over the last 24 hours is $125.68B, which makes a 19.04% increase. The total volume in DeFi is currently $9.76B, 7.76% of the total crypto market 24-hour volume. The volume of all stable coins is now $114.47B, which is 91.08% of the total crypto market 24-hour volume.
However, Bitcoin is far from the only player in the game, and there are numerous altcoins that have reached multi-billion dollar valuations. The second largest cryptocurrency is Ethereum, which supports smart contracts and allows users to make highly complex decentralized applications. In fact, Ethereum has grown so large that the word “altcoin” is rarely used to describe it now. We recommend seeking the advice of a professional investment advisor for guidance related to your personal circumstances. In Bitcoin, miners use their computer hardware to solve resource-intensive mathematical problems.
