Gate.io cryptocurrency prices and charts show the real-time market of 1,400+ cryptocurrencies in the world, with not only accurate real-time price trends, but also professional trend analysis. Gate.io helps you grasp the latest updates of the cryptocurrency market instantly.
Gate.io updates the prices of trending stable cryptocurrencies such as BTC, ETH or USDT and various small cryptocurrencies in a total of 1,400+ cryptocurrencies in real time, and shows the price changes in the past 1 hour, 24 hours and 7 days, as well as the trading volume in the past 24 hours and the current market value of cryptocurrencies. It also has a clear and concise price trend chart in the past 7 days, which can help you better see the volatilities in the cryptocurrency market.
How Do We Calculate the Cryptocurrency Price?
The price is calculated using the global trading volume and average price formula, which is based on the pairing available on different exchanges of specific cryptocurrencies.
The cryptocurrency prices presented by each cryptocurrency exchange are different, but the difference is not significant. The reasons are simply divided into: investment attraction, supply-demand relationship, mining difficulty or hash rate, changes in regulatory policies and volatilities in stable cryptocurrencies such as BTC. Moreover, each cryptocurrency is traded and circulated in different exchange markets, which has different economic impact and liquidity, and the calculated price will be different.
What Is the Market Value of Cryptocurrency?
The market value of cryptocurrency is similar to that of traditional financial stocks. It is a mathematically calculated index that can be used to measure the value of cryptocurrency in the market. Each cryptocurrency seen in the Gate.io cryptocurrency price charts is sorted by market value.
Cryptocurrency market can be divided into "large cap currencies", "medium cap currencies" and "small cap currencies" according to market value. Large cap currencies refer to the currencies with a market value of more than $10 billion. Medium cap currencies refer to the currencies with a market value of $1 billion to $10 billion. Small cap currencies refer to the currencies with a market value of less than $1 billion.
In the cryptocurrency market, the market value is a very important indicator, even more important than the currency price. The smaller the market value, the greater the proportion of risk.
How Do We Calculate the Market Value of Cryptocurrency?
The market value of cryptocurrency is calculated by multiplying the circulating supply of cryptocurrency by the price of each cryptocurrency. The calculation formula is as follows:
Market value = current supply x cryptocurrency price
What Are the Different Cryptocurrency Categories?
The main cryptocurrency types are divided into three categories: Bitcoin,Altcoins and Coins (dApps). Bitcoin is the first blockchain and the cryptocurrency with the largest market value at present. It can be stored as a transaction and value. The purpose is to compete with competitors and may replace the currency issued by the government.
Altcoins refer to the cryptocurrencies generated with Bitcoin as a reference. There are currently more than 1,000 kinds of such tokens, some of which have different algorithms from Bitcoin. For example, PoS algorithm means that there are no miners.
Coins (dApps), which are used to create infrastructure that developers can leverage when building distributed applications. Similar to an application or Play store, the main platform currencies include ETH and NEO, which can build applications based on smart contracts.
What Is the Best Investment Currency?
The Gate.io cryptocurrency price and chart pages provide you with 1,400+ different cryptocurrencies, including Bitcoin, Ethereum and Tether, which are currently trending, as well as other tokens with different market values. You can follow and collect this page so that you can follow the trend of cryptocurrency prices for a long time and make a better investment direction.