Cryptocurrency is a decentralized digital/virtual currency, which is works by using a technology name Blockchain (a database recording digital database).
The cryptocurrency market is highly fluctuating within minutes it will go up and go down, so the change in crypto market capitalization is seen frequently.
The global crypto market cap is over $2 Trillion in 2021. This is the all-time highest, the surge in the crypto market led by bitcoin, and following by other major cryptocurrencies ETH, XRP, Doge, etc.
Before going further let me clarify what exactly a market cap is? and how we calculate it?
Market Capitalization is defined as the market value of a company/Crypto coin, it measures the worth of the coin in an open market.
The individual crypto coin market cap is equal to the coin price multiplied by the coin circulating supply.
List of top cryptocurrencies by market cap (as of 4th May) –
|S. No.||Crypto Name||Price (in $US)||Market Cap. (in $US)|
|1.||Bitcoin (BTC)||$1 Trillion|
|2.||Ethereum (ETH)||$391 Billion|
|3.||Binance Coin (BNB)||$95 Billion|
|4.||Dogecoin (DOGE)||$86 Billion|
|5.||Ripple (XRP)||$63 Billion|
|6.||Tether (USDT)||$52 Billion|
|7.||Cardano (ADA)||$41 Billion|
|8.||Polkadot (DOT)||$33 Billion|
|9.||Uniswap (UNI)||$21 Billion|
|10.||Litecoin (LTC)||$20 Billion|
|11.||Bitcoin Cash (BCH)||$18.5 Billion|
|12.||Chainlink (LINK)||$17.8 Billion|
It is considered that Bitcoin is the oldest and first cryptocurrency invented in 2008 and began using in 2009, developed by an unknown person named Satoshi Nakamoto.
Bitcoin Market Cap – $1 Trillion
Price – $55,000
Total BTC Supply – 21 Billion Bitcoins
Ethereum Market Cap – $391 Billion
Price – $3,380
Total ETH Supply – Right now 115 Million Ethereum coins circulated
Binance Coin (BNB)
Binance Market Cap – $95 Billion
Price – $627
Total BNB Supply – 170 Million Binance coins
Dogecoin Market Cap – $86 Billion
Price – $0.65
Total DOGE Supply – right now more than 129 billion Dogecoin circulated
Ripple Market Cap – $63 Billion
Price – $1.42
Total XRP Supply – 100 Billion Ripple coins
Tether Market Cap – $52 Billion
Price – $1
Total USDT Supply – right now 50 billion Tether coins circulated
Cardano Market Cap – $41 Billion
Price – $1.30
Total ADA Supply – 45 Billion Cardano coins
Polkadot Market Cap – $33 Billion
Price – $36
Total DOT Supply – right now 1 Billion Polkadot coin circulated
Uniswap Market Cap – $21 Billion
Price – $42
Total UNI Supply – 1 Billion Uniswap coins
Litecoin Market Cap – $20 Billion
Price – $308
Total LTC Supply – 84 Million Litecoins
Bitcoin Cash (BCH)
Bitcoin Cash Market Cap – $18.5 Billion
Price – $995
Total BCH Supply – 21 Million Bitcoin Cash
Chainlink Market Cap – $17.8 Billion
Price – $44
Total LINK Supply – 1 Billion Chainlink Coins
Note: This information is as of 4 May 2021, All these coins are mostly at the top and in the same position but the Crypto market is very fluctuating and the coin price and market cap changes frequently, so at that time the position of few coins maybe change or exchange with another one.