Posts Tagged ‘market capitalization


While the Bitcoin debate around the block size continues the alternative crypt currency Dash, formerly known as DarkCoin, has shown how a consensus about an increase of the block size can be reached quickly and efficiently. By holding a vote among its stakeholders to increase its blocksize, even if there is not yet immediate need of such an increase, from 1 MB to 2 MB a consensus has been reached within 24 hours with 99 percent of the vote for the increase. Currently each block of Dash contains less than 10 transactions on average and is justa few kilobytes in size, so there is not much need of 2 MB block size, however with the developers expecting the blocksize to grow over time the need for further increase in the not so near future can be avoided (learning from Bitcoin).

According to Coinmarketcap Dash is currently the 5th crypto currency in terms of Market Cap, however you can also say it is the third one after BTC and LTC if you take out Ripple and Ethereum due to the first being pre-mined completely and the second one with a very large initial pre-mine. Dash has some interesting and useful advantages as compared ot Bitcoin and some other crypto currencies including much faster transaction times, offering more anonymity and still being mined with GPUs only (no ASICs) using the popular X11 algorithm. Lately there have been some interesting and positive news regarding Dash that have also resulted in the price of the altcoin increasing a bit in the last few days.


Ethereum’s Ether coins have been available for mining and trading for just a couple of days, but a few of the larger crypto currency exchanges have already added the coins for trading. Below you can find a list of the crypto currency exchanges where Ethereum’s Ether coins can be purchased and sold for the moment with more exchanges probably following soon. The list below has the exchanges listed by the ETH trading volume for the moment:


It would be nice to also see some Ethereum Faucets that will be giving out some free Ether coins for people to try if they have everything ready for their local Ethereum wallet as well as when they are preparing to start mining the coin. In our recent Quick Guide on How to Mine Ethereum on Windows we have covered how you can get started. However mining either locally or in a mining pool can take some time before you get your first Ether (ETH) coins in your wallet, especially if you have low hashrate. Alternatively you can just buy a fraction of ETH for testing things out from an exchange listed above and transferring them to your local wallet.

If you need some more information about the current market capitalization of Ethereum…


Checking the market capitalization of crypto currencies is working quite well for older and established coins, however when a new coin launches it can temporary move to the top places in terms of market cap and that can be misleading. So using a bit more advanced algorithm may be helpful in providing a more realistic information in terms of crypto coin popularity than just the current market capitalization alone. And a new service called CoinGecko was just launched that evaluates cryptocurrencies by looking at more core metrics beyond just their market capitalization. The service is still in Beta stage and currently evaluates 24 cryptocurrencies based also on their developer activity, community team and liquidity. And with just a quick look you can see that there is difference as compared to only ranking based on market capitalization.

The custom ranking algorithm takes into account things like:
– Reddit/Facebook/Twitter subscriber count.
– Liquidity volume across multiple exchanges and trade pairs.
– Github stars/watches/contributors/issues/forks/pulse/merged pull requests.

Obviously having a bigger and more active user community does play an important role for the value of a currency and for example Dogecoin may not have such a high market capitalization as Peercoin, but has a larger community around it and is ranked 3rd by CoinGecko while at the same time the market cap of DOGE secures it the 5th place. So definitely an interesting project to keep an eye on, especially with more coins being added and new interesting ones being launched.

If you want to check out the new crypto coins ranking platform CoinGecko…