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.
Exactly, they don’t want to share the pie….I don’t own any crypto’s but hats off to the people for going up against the Rothchild banking system.
" … a potentially major new vehicle for money laundering and the financing of terrorism …" Ah, yes, we can’t have competition against the fiat currencies that are used to launder money and finance terrorism, can we. The IMF and the fiat currency central bankers like their monopoly position and aren’t about to give it up.