Total market cap of all cryptocurrencies exceeds $100Billion
Yes, the total market cap of all the crypto currencies has just surpassed $100,000,000,000. But, the even more shocking part is the amount of time that it happened in.
The growth of cryptocurrencies has happened in a near exponential pattern. On April 1st of this year we had only a little bit over $25 Billion, meaning that it more than tripled in only 2 months. Sound like a dotcom boom to anyone else?
Many may call it a bubble, but there are signs that point to it being more of a fundamental shift in the way we think about trading currencies and commodities.
With a whole host of ICOs and coins coming out – including an entirely new crowdfunder blockchain called Waves – there is ample explanation for this sudden boom. In addition to new and exciting ICO opportunities there are also huge efforts to push cryptocurrency into the mainstream in nearly every facet of enterprise. From banks to media platforms; and blogging to gaming, there isn’t anything you can do that a cryptocurrency can’t do too!