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In spite of this, Bitcoin and also Ethereum have been ranked # 1 and also # 2, respectively, for a number of years now. Although market cap is a widely made use of metric, it can occasionally be deceiving. A good general rule is that the efficiency of any type of provided cryptocurrency's market cap metric increases symmetrical with the cryptocurrency's trading volume. If a cryptocurrency is proactively traded and also has deep liquidity across various exchanges, it becomes much more difficult for single stars to adjust rates as well as create an impractical market cap for the cryptocurrency. Cryptocurrency exchanges give markets where cryptocurrencies are bought and sold 24/7.