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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 is crypto market cap calculated?

It shows total crypto market cap, which is calculated by TradingView by adding up top 125 coins market caps, which, in their turn, are the number of coins times their current price. A growing market cap can indicate investors' interest and their positive evaluation of the current market state.

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 is the global cryptocurrency market cap today?

The global cryptocurrency market cap today is $1.08 Trillion, a 0.02% change in the last 24 hours and 6.38% change one year ago. As of today, the market cap of Bitcoin (BTC) is at $504 Billion, representing a Bitcoin dominance of 46.54%. Meanwhile, Stablecoins' market cap is at $125 Billion and has a 11.53% share of the total crypto market cap.

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