While Bitcoin remains the undoubted Big Daddy of the crypto-currency world, there are now more than 1,000 other “tokens” and a revealing infographic, created by Australian Nick Young, shows that there are now 20+ cryptocurrencies that have at least $1 billion in market capitalization.
Using data from coinmarketcap.com, Young’s absorbing graphic lists the top 25 cryptocurrencies by market capitalization, launch date and 30-day trading volume, while also detailing the type of function that each token has.
The top five by market capitlization are Bitcoin with a market cap of$194 billion then Ethereum on $85 billion and Ripple with $41 billion. Fourth is Bitcoin Cash on $22 billion and Litecoin with $12 billion.
By 30-day trade volume, the list is subtly different. Bitcoin still leads with $230 billion but is followed by the ever-mysterious and enigmatic Tether coin on $81 billion. Then comes Ethereum with $76 billion, Ripple with $32 billion and Litecoin with $12 billion.
A year ago, reports Visual Capitalist , Bitcoin made up over 80% of the market capitalization in the crypto-currency space but today, as other “alt coins” gain traction, the Bitcoin share is closer to 42%.
Interesting stuff indeed.