The crypto market is quite dynamic and constant changes are inevitable. With no proper regulation in place, the markets remain volatile and prices of different cryptocurrencies can go up or down drastically. On Moonstats website, you can keep an eye on what happens on the crypto world, as the website provides a listing of the popular cryptocurrencies by market cap. This makes it easy for traders and investors to watch the dynamics and the market and make an informed decision.
What Is Moonstats?
Cryptocurrency is digital money, or simply money on software platforms. The developers of cryptocurrency simply create a new software platform somehow similar to some of the platforms you now like dropbox, Windows, or Fedwire.
On Moonstats, you can check the performance of various cryptocurrencies in the market. The website also enables users to buy bitcoin or other cryptocurrencies through the website or directly from the exchanges. Currently, Bitcoin leads by market cap followed by ethereum, Bitcoin cash, Litecoin, and others. The prices and exchange rates on the website depend on the forces of demand and supply at various exchanges.
Moonstats Offers Gainers & Fallers Price Charts
On the website, you can see the Bitcoin price of the last buy or sell order that was filled on Bittrex exchange a cryptocurrency. Bitcoin rates for cryptocurrencies not listed on Bittrex can be retrieved through CMC.
Meanwhile, the Bitcoin rate for the selected cryptocurrency is calculated to USD and EUR value through the BTC-EUR or BTC-USD markets on major exchanges such as Bitfinex, Bitstamp, and Kraken. Other supported fiat currencies offer an estimated price according to the exchange rates published by European Central Bank. You can find a more accurate calculation of the market price by combining and comparing different exchanges.
Moonstats is working on the idea of including more exchanges to the website. You can follow them on Twitter for more updates.