What is CoinMarketCap?
Founded in 2013 by Brandon Chez but is currently owned and operated by Binance Holdings Limited, CoinMarketCap is a free cryptocurrency price tracker that monitors over 11,000 cryptocurrencies with a total market capitalization of USD 1.924 trillion. It's sometimes described as the crypto Wikipedia.
CoinMarketCap gathers real-time data from a multitude of sources and compiles it into one place, this data is then used to keep track of the prices of verified crypto assets. The platform provides a wide range of data on each asset. The price, price change, 24-hour highs and lows, trading volume, and market capitalization are only a few examples of statistics (cap). Users can choose from a variety of charts for different time periods, such as 1 hour, 24 hours, 7 days, 30 days, or 1 year. Historical data, including the best-performing coins from past years, is also accessible. Some coins are shown as untracked listings, which means they have some information but are not being tracked in real-time. Price alerts and notifications can also be set up by users.
You can use CoinMarketCap to check the range of monitored tokens if you aren't looking for a specific currency. You can search for the biggest/top gainers, most viewed, recently added and new coins, or even the coins that are down the most, or you can view all listings, the top 500, 300, 100, 30, or 5 ranking coins, or you can view all listings, the top 500, 300, 100, 30, or 5 ranking coins, or you can search for the biggest/top gainers, most viewed, recently added and new coins, or even the coins that are down the most.
CoinMarketCap tracks the performance and prices of several different exchanges in addition to cryptocurrencies. They assign a score to each exchange based on liquidity, site traffic, and investor trust, and provide classified and overall rankings. Spot exchanges, derivative exchanges, DEXs, and crypto loan exchanges all have their own tables. Each exchange's 24-hour trading volume, average liquidity, weekly visits, markets, coins, and fiat currencies are all displayed on CoinMarketCap. Users can establish their own watchlists based on all of this data, marking which exchanges they are interested in.
Despite the fact that cryptocurrencies are CoinMarketCap's primary focus, they also track notable NFTs such as digital art. NFT art can be viewed in collections or as individual pieces. The number of assets in a collection, the net worth, trading volume, and sales in the latest seven days, as well as all-time trading volume and sales, are all supplied.
The crypto portfolio tracker on CoinMarketCap allows you to keep track of your earnings, losses, and yield. There are no hidden costs associated with this service. Users can import their portfolios and use real-time data to watch pricing. The tracker also includes a handy converter and calculator that will show you how much it will cost to exchange currencies in real-time.
Users of CoinMarketCap can participate in quizzes. These are designed to help individuals learn while also earning coins and other prizes. The procedure is straightforward: you view some videos, take a quiz to put your newfound knowledge to the test, and then get cryptocurrency as a reward.
