A Comparison of Cryptocurrency Price Trackers (2024)

When it comes to cryptocurrencies, investors routinely spend a lot of time searching for the latest coin: the one with the most exciting prospects or the one that's the most undervalued. Savvy investors also consider different cryptocurrency exchanges, applications, and services to maximize their investment potential.

However, fewer individuals who invest time and money into the cryptocurrency space spend adequate time considering the impact that a digital currency price tracker has on their experience. Here are a few price trackers, their services, and how they can help you make investing decisions.

What Is a Cryptocurrency Price Tracker?

A cryptocurrency price tracker monitors the current value of different digital currencies and tokens. Many of these services also provide historical data, allowing users to compare current prices against older values. Some of these services even have tools that allow you to compare and contrast multiple cryptocurrencies against one another.

While it may seem obvious, the accuracy of the price tracker you decide to use will significantly impact your decisions and the timing and success of your investments. A tracker that is updated consistently and uses reliable data to calculate its values is crucial.

However, there are many other considerations to remember when selecting a cryptocurrency price tracker, including the ease of customer use, the range of digital currencies and tokens covered, and the suite of extra tools and information available.

CoinMarketCap

CoinMarketCap is one of cryptocurrency fans' most used price trackers. There are several reasons why this site is used more prominently than others. Founded in 2013, it is very user-friendly, listing the top 100 cryptocurrencies by market capitalization on its home page (but you can view nearly 9,000 on the site, and the list is growing). Each digital currency has information about its current market cap, price, 24-hour trading volume, circulating supply, and its percent change in value over the previous hour, 24 hours, and seven days.

The page for each coin gives you the option to choose a price or market cap graph based on daily, weekly, monthly, or yearly prices and an option to view them all. You can view prices in a line chart or candlestick version to check highs, lows, and open and closing prices for your chosen intervals.

You can view a list of markets for each cryptocurrency, which shows different exchanges and price pairs for your chosen coin.

Particularly useful is CoinMarketCap's on its global Live Cryptocurrency Charts & Market Data page, which uses historical and user behavior data to gauge investor sentiments using a score of zero to 100. A score close to 100 indicates extreme greed in the market, and a score close to zero indicates extreme fear.

Coinlib

While CoinMarketCap may be the most recognizable cryptocurrency price tracker, other websites offer competitive services. Coinlib might be a lesser-known price tracking site, but it does include several useful tools beyond the basic price monitoring system.

Given that Bitcoin remains the most popular and prominent digital currency by market cap, Coinlib includes a "Bitcoin Dominance" measure at the top of its page. This figure, along with market caps and data selection for each cryptocurrency, is updated in real-time.

Coinlib also includes a comparison tool that allows users to view stats on up to four coins or tokens side by side. It offers a price explorer that can assist you in identifying arbitrage opportunities and information about exchanges that might provide them the greatest value for your buys and sells.

Coinlib also provides much of the same information that other sites provide, giving it an amount of information that can appeal to users.

Bitgur

According to its website, Bitgur was launched in 2017 and is connected to several different exchanges. The site offers a useful filtering system that allows you to filter cryptocurrency results according to market cap, volume, technology, whether it can be mined, and the category it is listed in.

Bitgur also offers its own BTC fee prediction tool, a volatility index, and a watchlist function akin to brokerage services. If you're interested in trading bitcoin futures, the site aggregates open interest into graphs for short and long positions in its Tools tab.

The Bottom Line

While accuracy and reliability may be the two most important considerations when selecting a cryptocurrency price tracker, the list above shows many other services and features to consider. Because the price changes of digital currencies are near-constant, it may not be feasible to look to multiple sites in the heat of a potential transaction. However, picking and choosing from the different features included in the list above is a good way to gather as much information as possible before going through with a buy or a sell.

The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read ourwarranty and liability disclaimerfor more info. As of the date this article was written, the author owns BTC and XRP.