Most popular coin index site
CoinMarket Cap is among the most popular cryptocurrency information websites right now. The website provides live data on a wide range of cryptocurrencies. The fact that it updates data every five minutes makes it one of the most quoted indices in the cryptocurrency industry.
CoinMarketCap is known as a reliable source of market capitalization data. However, the platform offers more than this. Its platform is a rich source of cryptocurrency prices, circulating supply and traded volume statistics.
The website calculates market capitalization of crypto coins by multiplying the price of specific coins with its total supply. To get the average price of coins, CoinMarketCap calculates the average price of specific coins as traded in major exchanges.
Overall, it’s a reliable website for beginners and advanced traders and investors.