One of the most important parts about investing in cryptocurrency is becoming familiar with the coin market cap. There are quite a few websites that keep tabs of the Total Market Cap and coin ranks, but for beginners, it is easiest to start here.
The coin market cap, or www.coinmarketcap.com is a website that provides real time market cap rankings, volume, supply, pricing and more. It is an essential tool to keep tabs on the coins you are invested in or ones that may be on your radar. It is also an indicator of how well the market is doing as it keeps tabs of the Total Market Cap a culmination of all of the coins combined.
Coin Market Cap provides some useful information that you normally wouldn’t find on exchanges. Coins circulating supply, the markets total cap, Bitcoins dominance over alt-coins, these are just a few bits of information that you need to ensure you are investing properly.