Compare Crypto Market Cap Calculator

The world is getting digital and so is money. Now you can buy, sell or exchange currency with Crypto Market Cap Calculator online with other digital currencies. A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.

Is Digital Currency Safe Or Not?

We understand that change is not accepted immediately. As much as it feels weird, it also comes with risks of its own. Cryptocurrency is a good investment if you want to get a hold of digital currency. It is so far the safest option. Although it has its pros and cons.

Let us first see the risks involved:

• Cryptocurrency exchanges are vulnerable to cyberattacks.
• Competition is fierce among thousands of blockchain projects.
• Regulations might be against the crypto industry in the future.
• Products based on cutting-edge technologies have innate volatilities.

Besides these cons, other signs are emerging that cryptocurrency is here to stay:

• Professional and individual investors are gradually receiving the tools they need to manage and safeguard their crypto assets.
• Crypto futures markets are being established, and many companies are gaining direct exposure to the cryptocurrency sector.
• Cryptocurrencies are a new paradigm for money. They promise to streamline existing financial architecture to make it faster and cheaper.
• Their technology and architecture decentralize existing monetary systems and make it possible for transacting parties to exchange value and money independently of intermediary institutions such as banks.
• This shows that the increasing pace of adoption is a sign of a maturing industry.

There are numerous cryptocurrencies set up today. Each cryptocurrency has its different market value. And to estimate the value of the Crypto Market Cap Calculator has been devised. Rajdhani Night Close is a tool of the daily market value of the top cryptocurrencies, providing the best insight into the Crypto Market Cap.

What Is Crypto Market Cap Calculator?

Crypto Market Cap Calculator stands for Market Capitalization. It is a record of capital being invested in crypto and is used to estimate the total value of the cryptocurrency. To calculate market cap you need to know the circulating supply of coin/token and its current Fiat value.

For example,

In the case of Bitcoin, its circulating supply is 17,231,612 BTC and its current value in USD is $6,654.91.

17,231,612 BTC * $6,654.91 = $114,674,827,014.92 is the market cap of Bitcoin.

Comparing The Top 10 Cryptocurrencies 

1. Bitcoin (BTC)4– Market worth: $744,586,622,967 The first major usable cryptocurrency. It has the highest market cap and its coins trade at the highest cost of all cryptocurrencies.
2. Ethereum (ETH)9– Market worth: $313,588,368,238 A decentralized, open-source blockchain with smart contract functionality. Ether (ETH or Ξ) is the native cryptocurrency of the platform.
3. Tether (USDT)12– Market worth: $80,050,765,034 A blockchain-based cryptocurrency backed by the U.S. dollar, which means actual dollars are in reserves at financial institutions to serve as collateral.
4. BNB (BNB)16– Market worth: $63,926,241,179 Issued by Binance exchange and the largest cryptocurrency exchange in the world, supporting more than 1.4 million transactions per second.
5. USD Coin (USDC)19– Market worth: $52,477,290,116 A type of cryptocurrency that is referred to as a stablecoin. You can always redeem 1 USD Coin for US$1.00, giving it a stable price.
6. Ripple (XRP)22– Market worth: $36,052,578,516. The native cryptocurrency of XRP Ledger is an open-source, public blockchain.
7. Terra (LUNA)26– Market worth: $35,671,464,686. An open source stablecoin network controlled by its stakeholders.
8. Cardano (ADA)29– Market worth: $28,666,644,319. A third-generation, decentralized proof-of-stake (PoS) blockchain platform designed to be a more efficient alternative to proof-of-work (PoW) networks.
9. Solana (SOL)35– Market worth: $28,478,693,083. A proof-of-stake cryptocurrency with smart contract capabilities, including Defi dApps and NFTs.
10. Avalanche (AVAX)38– Market worth: $20,954,827,433. A cryptocurrency and blockchain platform that provides near-instant transaction finality.

Read More: What Is A Crypto Market Cap Calculator And How Does It Work?