Ever since its launch, it has been very successful and last month, it briefly overtook Ethereum at the second
spot in terms of Market Capitalization before stepping back to the third spot, a position which it has occupied for weeks now.
The lack of momentum displayed by Ethereum may come as a disappointment to several people in the cryptocurrency ecosystem who were hoping for it to overtake
bitcoin in terms of market capitalization during the dip.
Litecoin also holds a pretty decent position (
5th in terms of market capitalization) on Coinmarketcap with a market cap of 8.5 billion dollars and an individual price of $ 153.98 (as per the data of 19th March 2018).
Although the S&P 100 Index contains only one - fifth of the stocks in the S&P 500 Index, it is actually about one - half the size of the larger
index in terms of its market capitalization (i.e., it includes most of the largest companies in the 500 Index).
Just a query — Now suppose a company having market capitalization of 200 billion but if it still ranks 101
in terms of market capitalization then large cap mf still will not be able to invest in it which was not the case earlier, right?
IG Group Holdings (LON: IGG), UK's largest forex
broker in terms of market capitalization, published the results for the financial year 2016 on Tuesday and they really are ahead of expectations: the company generated # 456.3 million net trading revenue for that period, 14 % up from FY 2015.
At the time of report, eight out of the top 10 cryptocurrencies on CoinMarketCap (
listed in terms of market capitalization) were higher for the day, with monero and dash having experienced the most notable gains.
Eheterum is the second most valuable
cryptourrency in terms of market capitalization after Bitcoin, that functions largely like traditional currency, but entirely in a digital environment, heavily encrypted, stored and transferred using electronic devices.
As the world's second - largest cryptocurrency after bitcoin (BTC)
in terms of market capitalization at the time of writing, Ethereum has attracted plenty of attention around the world.
Although it still hasn't achieved the popularity it deserves, OmiseGO (OMG) holds a decent position on the Coinmarketcap (
20th in terms of market capitalization and 6th among ERC20 Cryptocurrency Tokens).
Yesterday, it saw a huge surge on its price as it gained more than 84 % over a period of 24 hours surpassing both Litecoin and Bitcoin Cash to settle at 3rd
place in terms of market capitalization (though this position keeps changing between BCH and XPR over the past hours)
This has been influenced by major announcements such as the introduction of Litepay which has seen its value not only surge by 49 % in the past 24 hours, it has also seen Litecoin overtake Cardano to occupy the 5th
spot in terms of market capitalization.
It's also the largest U.S.
company in terms of market capitalization — the value of a company that's traded on the stock market — a number you can calculate by multiplying a company's stock price by the number of its outstanding shares.