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Coinmarketcap.Com the most valuable research tool in Cryptocurrency

  • Writer: CryptoCurrencyAltcoins
    CryptoCurrencyAltcoins
  • Dec 31, 2017
  • 2 min read

Updated: Jan 20, 2018


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The purpose of this article is to give people a much clearer idea of where to start to research the cryptocurrency market. Coinmarketcap.com is one of the biggest websites in the industry today. It is very popular, if you're in the crypto market you most likely already know about it but if you're a newbie this is definitely a website you want to bookmark.


Coinmarketcap.com offers an abundance of information in the crypto market as a whole as well as in individual coins. It list most of, if not all of the coins and tokens in the cryptocurrency market. As new coins are introduced coinmarketcap.com updates its data.


This is the website you want to check all the time. It keeps the total market cap updated and it also gives you the average price taking all exchanges in to consideration. Coin market cap allows you to analyze historical data on any given coin in comparison to Bitcoin or Fiat currency USD. It also provides historical market cap data that for most coins go back to inception.


On the home page you can see the top 100 coins in the market as well as 24 hour trading volume and percent change. This is where you will find the most known cryptocurrencies in the market like Bitcoin which is currently #1 by market cap dominance. You can dig deeper in to the list and start flipping the page in to other altcoins that may not be as stable as the top 100 but could have great growth opportunity. You have to do you're research and understand the risk that you're taking by investing in the cryptocurrency market.


Coinmarketcap.com also has the official links to each of the coins website which is very important especially with all these fishing websites on the web that are trying to trick people in order to steal their cryptocurrency. The coins website is where you get the most information from. There you can check out the white paper, get to know the team, learn about the technology behind the coin, see if they have a working product, find out what problem they are attempting to solve and really figure out if is something that you believe could actually work.


The best way to really get to know about coinmarketcap.com is to watch the video below and then visit the website for yourself and start clicking around and learning how to take advantage of the abundance of information this website has to offer.




Make sure to subscribe to our website to stay up to date with the latest in the cryptocurrency market. www.Cryptocurrencyaltcoins.com


**Please note at 10:45 minutes in to the video during the topic of arbitrage trading. I pointed at two completely different trading pairs but the point still stands.





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