A Beginner's Guide to Coin Marketcap: What It Is and How to Use It


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Coin Marketcap is an essential tool for anyone interested in cryptocurrencies. It provides an up-to-date overview of the crypto market, including the current prices, market capitalization, and trading volume of all the coins. Coin Marketcap helps investors make well-informed investment decisions and helps them keep track of their holdings. It is a great resource for beginners who are just starting to explore the world of cryptocurrencies. In this beginner's guide, we will discuss what Coin Marketcap is, how it works, and how to use it to monitor your investment portfolio. With this guide, you'll be able to gain a better understanding of the cryptocurrency market and make smarter investment decisions.



1. What is Coin Marketcap?

Coin Marketcap (CMC) is the world's most popular crypto market cap website. It was founded in October 2013 by a person named Charles Hoskinson (another co-founder of Ethereum). It is a website that provides real-time data about the crypto market. It provides details such as the current price, the 24-hour change, the circulating supply, the market cap, the market cap change, the exchange, as well as the total supply of the coin. CMC is the go-to website for data related to the crypto market. It is used by crypto investors to check the current price of their holdings and the total market cap of the crypto market. It is also useful for people who want to learn about the different cryptocurrencies and their market caps.


2. How does Coin Marketcap work?

Let's say you want to check the price of Bitcoin and its market cap. Just input the name “Bitcoin” in the search box at the top of the page and hit “Enter.” The first thing that you will see is the current price of Bitcoin in USD. Next to it, you will see the change in the price of Bitcoin. It will also show you the market cap and the 24-hour percentage change in the market cap of Bitcoin. You can also see the circulating supply, the total supply, and the exchange rate of Bitcoin. The table at the bottom of the page is the “Coins” table. It shows the top 100 cryptocurrencies based on their market caps. This list is updated every 10 minutes based on the latest market data.


3. Coin Marketcap features

Here are some of the useful features of Coin Marketcap: - Real-time data: Coin Marketcap provides real-time data about the crypto market. So, you will be able to keep track of the current price of individual cryptocurrencies and the market cap of the crypto market. - Graphs and charts: The graphs and charts on Coin Marketcap allow you to analyze the price movements of individual cryptocurrencies over some time. - Historical data: Coin Marketcap allows you to explore the price movements, circulating supply, and market cap of individual cryptocurrencies over some time. - Exchange/trading volume: Coin Marketcap shows the trading volume of each cryptocurrency on all the major exchanges. - Coin descriptions: The table at the bottom of the page provides information such as the name of the coin, the logo, the market cap, the 24-hour change, the 24-hour volume, the circulating supply, the change in the market cap, the change in the 24-hour volume, and the exchange. - Social media feeds: The social media feeds on the website allow you to stay up to date with the latest happenings in the crypto world.


4. Coin Marketcap metrics

The metrics section on the website allows you to compare the price movements and other metrics of two cryptocurrencies. It allows you to compare the price movements of cryptocurrencies, their market caps, their 24-hour change in price, their 24-hour volume, their circulating supply, and their change in market cap. The price change shows the change in the price of a cryptocurrency over some time. The 24-hour change in the price shows the change in the price of a cryptocurrency over the last 24 hours. The 24-hour volume shows the total volume of a cryptocurrency that has changed hands over the last 24 hours. The circulating supply shows the number of coins that are in circulation. The change in market cap shows the change in the market cap of a cryptocurrency since yesterday. The change in 24-hour volume shows the change in the volume of a cryptocurrency over the last 24 hours.


5. Setting up your Coin Marketcap account

Create a free account if you're using Coin Marketcap for the first time. Visit the official website at https://coinmarketcap.com/ to do so. You will be taken to the sign-up form once you have found the "Sign up" button at the top of the page. Your email address, password, and captcha code must be entered here (to verify that you are not a robot). Once you have completed the form completely, click the "Sign up" button to verify your account. When your account has been validated, an email will be sent to you as a notification.


6. Using Coin Marketcap to monitor your investments

You can use Coin Marketcap to monitor your investments if you are an investor. You can enter the names of the cryptocurrencies that you hold in your investment portfolio in the search box at the top of the page. Once you enter their names, you will see their current prices, market caps, and other details. It is useful when you want to track the progress of individual cryptocurrencies. You can also use Coin Marketcap to track the progress of your overall investment portfolio. You can view the market cap of the crypto market, the total number of cryptocurrencies, and their rankings. It allows you to keep track of the overall market performance and make informed investment decisions. You can also use the “Add Custom Token” button to add the cryptocurrencies that you hold in your portfolio to the list of cryptocurrencies on the website. This will allow you to track the progress of these currencies in one place. You can also add the cryptocurrencies that you are interested in investing in the future to the list. This will allow you to track their prices and market caps and make well-informed investment decisions.


7. Coin Marketcap tools and resources

There are a lot of tools and resources on the website that are useful for investors. These include the following: - The blog: The blog of the website provides useful information about the crypto market. It covers everything from the latest happenings in the crypto world to investment tips for investors. - The forum: The forum allows cryptocurrency enthusiasts to exchange their views about the crypto market and make useful connections with other crypto investors. - Coin calculator: The coin calculator on the website allows you to enter the amount of your investment and the current price of a cryptocurrency to find out how much profit you will make from your investment. - Cryptocurrency calendar: The calendar on the website allows you to view the upcoming events for each cryptocurrency. This is useful for investors who want to know more about the coins that they hold in their portfolios. - Cryptocurrency comparison tool: The comparison tool allows you to compare the price movements, market caps, and other metrics of two or three cryptocurrencies at a time. - Cryptocurrency sentiment tool: The sentiment tool allows you to view the sentiment around a cryptocurrency. It tells you whether the cryptocurrency is bullish or bearish and gives you a detailed analysis.


8. Coin Marketcap hacks

Here are some hacks that you can use while using Coin Marketcap to maximize your experience: - Use the bookmark button: You can bookmark the website and use it as a one-stop destination for all your crypto needs. You can bookmark all the individual pages that you visit most often and access them from the bookmark menu. - Set the alarms: You can set the alarms on the website to remind you about the upcoming events for cryptocurrencies that you are interested in. This way, you will not miss any important events in the crypto world. - Check the social media feeds: The social media feeds on the website allow you to stay up to date with the latest happenings in the crypto world. So, you can check these feeds before investing in a new cryptocurrency to know more about it. - Use the price alerts: You can use the price alerts feature to get notifications when the price of a cryptocurrency reaches a certain level. This way, you will not miss any significant price movements in the crypto market.


9. Coin Marketcap safety tips

Here are some safety tips that you need to keep in mind when using Coin Marketcap: - Do not share your password: Do not share your password with anyone