Since it is open source, it is possible for other people to use the majority of the code, make a few changes and then launch their own separate currency. The very first cryptocurrency was Bitcoin. This process controls how many of the cryptocurrencies from the global market are represented on our site. As mentioned above, we have a due diligence process that we apply to new coins before they are listed. How Big Is the Global Coin Market?Īt the time of writing, we estimate that there are around 8,000 coins, tokens and projects in the global coin market. If we suspect that a coin or project is a scam, it does not get listed. While we cannot guarantee to exclude them all, we have a vetting process that each coin goes through before it is listed on the site. As a company and team, we are very aware that not all coins and projects have good intentions. No, we do not list all cryptocurrencies at CoinMarketCap. We calculate the total cryptocurrency market capitalization as the sum of all cryptocurrencies listed on the site. How Do We Calculate the Cryptocurrency Market Cap? The topic is explained in more detail here. We calculate our valuations based on the total circulating supply of an asset multiplied by the currency reference price. How Do We Calculate Our Crypto Valuations? Want to look up a transaction? Visit our blockchain explorer. Ready to learn more? Visit our crypto glossary and Learning hub.
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New to crypto? Learn how to buy bitcoin today. We receive updated cryptocurrency prices directly from many exchanges based on their pairs. How Do We Calculate Our Cryptocurrency Prices?
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These charts and their information are free to visitors of our website. Normally, the graph starts at the launch of the asset, but it is possible to select specific to and from dates to customize the chart to your own needs. We Provide Live and Historic Crypto Charts for FreeĮach of our coin data pages has a graph that shows both the current and historic price information for the coin or token. From the very first day, the goal was for the site to be the number one location online for crypto market data, and we work hard to empower our users with our unbiased and accurate information. Here at CoinMarketCap, we work very hard to ensure that all the relevant and up-to-date information about cryptocurrencies, coins and tokens can be located in one easily discoverable place. All Your Crypto Market Data Needs in One Place We take our data very seriously and we do not change our data to fit any narrative: we stand for accurately, timely and unbiased information. Since then, the world of blockchain and cryptocurrency has grown exponentially and we are very proud to have grown with it. Welcome to ! This site was founded in May 2013 by Brandon Chez to provide up-to-date cryptocurrency prices, charts and data about the emerging cryptocurrency markets. The cryptocurrency market has come under pressure amid volatility in the wider stock markets, amid fears over rising inflation and higher interest rates, which have dampened appetite for riskier assets including tech stocks and digital assets.įaith in crypto assets has also been shaken by the collapse of Terra, a so-called stablecoin whose value was supposed to be pegged to the US dollar, and troubles at crypto-related financial institutions such as the Celsius Network, a lender that has paused withdrawals.Today’s Cryptocurrency Prices, Charts and Data Sales in January and February accounted for more than half of the 2022 total so far. NFT sales reached $40bn last year and the 2022 total has already exceeded that, at more than $42bn, according to Chainalysis. “Blue chip collections are performing vastly better than the vast majority of NFTs,” he said. The price of the cheapest NFT in the Bored Ape Yacht Club has declined by only 1%, to $90,00o, over the last month, according to DappRadar’s head of research, Pedro Herrera. However, demand for so-called blue chip NFT collections has held up, according to DappRadar, a firm that tracks NFTs and blockchain-based video games. In April an attempt to sell on the Dorsey NFT was abandoned when bids topped out at $14,000. A digital collage by the visual artist Beeple sold for $69m the main token for the “play to earn” video game Axie Infinity hit a total value of $9.75bn and Coca-Cola raised more than $575,000 from selling digital items such as a customised jacket to be worn in the metaverse.Īccording to the Chainalysis data, NFT sales peaked in January. At its peak, the NFT market was attracting vaulting sums including $2.9m for a token of the first tweet by Twitter’s cofounder Jack Dorsey.
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