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What is Coinmarketcap? Top Featured DePIN Projects on Coinmarketcap


DePIN Projects on Coinmarketcap highlight innovative initiatives using decentralized physical infrastructure networks. These projects integrate IoT, blockchain, and AI, providing enhanced efficiency, security, and scalability.

In the rapidly evolving world of cryptocurrencies and blockchain technology, staying informed about market trends, project developments, and investment opportunities is crucial. Coinmarketcap has emerged as a go-to platform for crypto enthusiasts, investors, and researchers alike, offering a comprehensive suite of tools and data to navigate this complex landscape. This article delves into Coinmarketcap and explores some featured DePIN Projects on Coinmarketcap.

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What is Coinmarketcap?

Coinmarketcap is a leading cryptocurrency data aggregator and analysis platform that has become an indispensable resource in the digital asset ecosystem. Founded in May 2013 by IT programmer Brandon Chez, the platform has grown to be one of the most trusted sources of cryptocurrency information globally.

Coinmarketcap was born out of the need for reliable and centralized information about cryptocurrencies. In its early days, the crypto market was fragmented, with limited resources for price tracking and market analysis. Brandon Chez recognized this gap and created Coinmarketcap to provide a single source of truth for cryptocurrency data.

In April 2020, Coinmarketcap was acquired by Binance Capital Management, one of the world's largest cryptocurrency exchanges. This acquisition marked a significant milestone in the platform's history, providing it with additional resources and expertise to expand its services.

what-is-coinmarketcap

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Since the acquisition, Coinmarketcap has continued to innovate and improve its offerings. The platform has introduced new features, enhanced its data accuracy, and expanded its educational content to cater to the growing demands of the crypto community.

Core Features and Data Offerings of Coinmarketcap

Coinmarketcap's success lies in its ability to provide a wide range of data points and features that cater to diverse user needs. Some of its core offerings include:

  • Real-time price tracking: Up-to-the-minute price information for thousands of cryptocurrencies.
  • Market capitalization rankings: A comprehensive list of cryptocurrencies ranked by their total market value.
  • 24-hour trading volume: Data on the amount of cryptocurrency traded in the past day.
  • Circulating supply information: Details on the number of coins currently in circulation for each cryptocurrency.
  • Historical price charts: Interactive charts showing price movements over various time frames.

These features provide users with a holistic view of the cryptocurrency market, enabling informed decision-making and analysis.

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What is Coinmarketcap used for?

Coinmarketcap serves as a multifaceted tool for various stakeholders in the cryptocurrency ecosystem. Its utility extends far beyond simple price tracking, offering a range of functionalities that cater to different user needs.

Market Research and Analysis

One of the primary uses of Coinmarketcap is for conducting comprehensive market research and analysis. Investors, analysts, and researchers leverage the platform's extensive data sets to:

  • Identify market trends: By analyzing price movements, trading volumes, and market capitalizations, users can spot emerging trends in the crypto market.
  • Compare cryptocurrencies: The platform allows for easy comparison of different cryptocurrencies based on various metrics, helping users evaluate potential investments.
  • Track market sentiment: Through features like the community feed and price alerts, users can gauge the overall sentiment surrounding specific cryptocurrencies.

This depth of information enables users to make data-driven decisions and develop informed investment strategies.

Portfolio Management

Coinmarketcap offers robust portfolio management tools that allow users to track their cryptocurrency holdings efficiently. Key features include:

  • Portfolio tracking: Users can input their holdings and monitor their overall portfolio value in real-time.
  • Performance analysis: The platform provides insights into portfolio performance, including gains and losses over different time periods.
  • Diversification overview: Users can visualize their portfolio allocation across different cryptocurrencies, helping them maintain a balanced investment strategy.

These tools are particularly valuable for investors managing diverse cryptocurrency portfolios, offering a centralized view of their investments.

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ICO and Token Sale Information

For those interested in participating in Initial Coin Offerings (ICOs) or token sales, Coinmarketcap serves as a valuable resource. The platform provides:

  • ICO calendars: A comprehensive list of upcoming and ongoing ICOs, including key details and timelines.
  • Token sale metrics: Information on token distribution, pricing, and fundraising goals for various projects.
  • Project overviews: Detailed descriptions of ICO projects, including their technology, team, and roadmap.

This information helps potential investors evaluate ICO opportunities and make informed decisions about participating in token sales.

How to sign up for a CoinMarketCap account?

Creating a CoinMarketCap account unlocks the platform's full potential, providing you with enhanced tools and features. Here's how to register:

Step 1: Visit the CoinMarketCap website coinmarketcap.com

Step 2: Click "Sign Up" in the top right corner of the homepage.

Step 3: Enter your information and create a password

Step 4: Click "Create an account" to  submit your registration information.

Step 5: Verify your account

How to use Coinmarketcap?

CoinMarketCap isn't just for searching information—it's packed with powerful tools to enhance your crypto investment journey.

Portfolio Tracking

Track your portfolio's performance based on live market prices directly on CoinMarketCap. Here's how to create a portfolio:

Step 1: Click Portfolio on the homepage.

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Step 2: Click Create Portfolio and name it.

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Step 3: Choose Add New and search for your assets.

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Step 4: Select your order type (Buy/Sell/Transfer), then enter the transaction details (price, quantity, date) and any notes. Click Add Transaction.

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Step 5: Repeat for other assets.

With your portfolio on CoinMarketCap, you can:

  • Easily update asset performance.
  • Visualize your portfolio's performance over time with price charts.
  • See your portfolio allocation and profit/loss for each asset.

This integrated approach means you won't need to juggle multiple platforms—everything you need is on CoinMarketCap.

Watchlist

If you frequently trade different assets, the Watchlist feature is a time-saver. Create a list of coins or tokens you're interested in to stay informed about their market movements and make timely decisions.

To create a Watchlist:

Step 1: Scroll down to the list of coins/tokens on the homepage.

Step 2: Click the Star next to any coin/token you want to track.

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Step 3: Click Watchlist to see your selected assets.

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Calendars

The fast-paced crypto market requires staying informed. CoinMarketCap's calendar features keep you up-to-date with:

  • Free Airdrops: Partnered projects offering crypto airdrops.
  • ICO Calendar: Initial Coin Offering events.
  • Polkadot Parachains: Auctions and crowdloans on Kusama and Polkadot networks.
  • Events Calendar: All the latest happenings in the crypto market.

Featured DePIN projects on Coinmarketcap

Here's a look at some notable projects featured on CoinMarketCap:

Helium: By transforming wireless connectivity through a vast network of hotspots, Helium enables IoT device connectivity and asset tracking. After transitioning to the Solana blockchain, it continues to expand its global reach.

Hivemapper: A decentralized alternative to Google Maps, Hivemapper is reshaping the geo-mapping landscape by crowdsourcing visual and geolocation data via dashcams. With an extensive network of contributors, it has mapped over 110 million kilometers globally.

Filecoin: A pioneer in decentralized file storage, Filecoin offers diverse storage solutions for individuals and businesses, supporting platforms like Internet Archive, Audius, and Huddle01.

Render (RNDR): Streamlining rendering processes, Render connects GPU providers with users in need of rendering services, rewarding participants with RNDR tokens.

MetaBlox: Providing free and secure WiFi roaming worldwide, MetaBlox leverages cryptographic algorithms to ensure reliable connectivity through its network of WiFi hosts.

DIMO Network: By revolutionizing vehicle ownership by gathering telemetry data, DIMO empowers users to collect, utilize, and monetize their vehicle information while also enabling developers to create innovative mobility solutions.

Akash Network: Disrupting the cloud computing industry, Akash Network offers cost-effective cloud services by connecting providers with buyers in a decentralized marketplace, utilizing underutilized data centers.

HealthBlocks: Integrating the DePIN model into healthcare, HealthBlocks promotes healthy living by rewarding users for making positive choices and sharing biometric data.

In conclusion, Coinmarketcap serves as a valuable resource for cryptocurrency enthusiasts, investors, and projects seeking visibility in the digital asset space. By providing comprehensive market data, rankings, and project listings, Coinmarketcap enables users to make informed decisions and stay updated on the latest trends in the crypto market. For those interested in exploring innovative projects in the Web3 space, particularly in the realm of DePIN, consider visiting the U2U Network for more information and opportunities.

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