On CoinsBuzz, you will be presented with a list of the top cryptocurrencies sorted by market capitalization.
Let’s define some terms that will help you learn more about how cryptocurrencies and exchanges are presented on the site.
For cryptocurrencies, there are two terms that we use to differentiate them: Coins and Tokens.
- A coin is a cryptocurrency that can operate independently.
- A token is a cryptocurrency that depends on another cryptocurrency as a platform to operate.
Every cryptocurrency you see on CoinsBuzz will have a price. This is the aggregated price from all the markets (or trading pairs involving that cryptocurrency from each exchange) that we track for each cryptocurrency.
For each cryptocurrency, there are a few terms used to determine the number of cryptocurrencies in the market – based on how many were created and how many are currently in the hands of investors.
- Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public\’s hands.
- Total Supply is the total amount of coins in existence right now (minus any coins that have been verifiably burned).
- Max Supply is the best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency.
In order to ensure accurate market cap rankings, we work closely with teams and developers to verify supply details on their respective blockchains. If a question mark shows up, it means that we have not sufficiently verified the circulating supply and resulting market cap yet.
Putting these together, Market Capitalization is one way to rank the relative size of a cryptocurrency. It\’s calculated by multiplying the Price by the Circulating Supply.
Market Cap = Price X Circulating Supply.
You will find helpful links that will help you dive into the cryptocurrency. Other than the cryptocurrency’s rank, you can find links for its website, block explorers (to check transactions or wallets by “exploring” or querying the blockchain), message board or forum if you’d like to participate in their conversation, source code, and technical documentation or white paper. Click through each of them to get a deeper understanding of each cryptocurrency.
On the right of that, you will see the price, market cap, rolling 24-hour volume, and supply information. Volume is an important metric that will help you to determine how much of the cryptocurrency is being traded on exchanges, something that you should keep in mind if you are looking to trade or invest in a cryptocurrency.
You can also exchange, buy or sell cryptocurrencies with the best market rate.
Charts are a visual way for you to interact with price, market capitalization, and volume information.
- You can click or hover over each point to check the information at that point in time.
- You can find the OHLCV (open-high-low-close-volume) data for the cryptocurrency over time, which is useful for a general analysis of the trends.