What is the total market cap of Cryptocurrency?
The total market value of cryptocurrencies pushed past $2 trillion for the first time, doubling in about two months amid surging institutional demand. Bitcoin, the largest of the more than 6,600 coins tracked by CoinGecko, is worth more than $1 trillion alone after its price more than doubled in 2021 to $58,858.
In this regard, how much is the Cryptocurrency market worth?
At around 6 p.m. ET on Wednesday when Musk made the announcement, the value of the whole cryptocurrency market stood at around $2.43 trillion, according to data from Coinmarketcap.com.
Also to know is, is there a market cap on Crypto?
“Bitcoin market cap has gone up from $700 billion three months ago to about $1.1 trillion now. Ethereum market cap has also doubled from about $180 billion three months ago to over $360 billion.
What will ethereum be worth in 2030?
CoinPrice forecasts Ethereum will hit a whopping $5,000 (£3,598.75) by the end of 2030. The report further indicates the price of the crypto coin will hit $10,000 (£7,197.50) by 2023 before crossing the $20,000 (£14,399).
- Ethereum. Ethereum is based on a popular dApp processing platform, which is exactly where it derives its power from. ...
- Bitcoin. The list of the most promising cryptocurrencies would be incomplete without Bitcoin. ...
- Litecoin. ...
- Ripple. ...
Litecoin was launched in 2011 and co-founded by a former Google engineer. It allows for fast, low-cost global payments through its decentralized network. It is supposed to be a faster version of Bitcoin with a larger supply of coins, which led it to often be likened as “the silver to Bitcoin's gold”.
According to Coinpedia contributor Sahana Vibhute, there's apparently a case to be made for Cardano at $10. And not many years down the line but only several months. By the end of 2021, ADA could hit the double-digit threshold. And by the end of 2022, we could be looking at $22 per each unit.
TRON is predicted to grow in value. It is estimated that TRON TRX could reach the value of $5 in a period of five years, according to some experts and market analysts.
For IOTA to reach 1000$, its marketcap will also have to be increased by a factor of 250! ... The entire crypto currencies market cap is around 650 Billion $. Hence in the near future it is simply impossible to 1000$ no matter how much growth it attains.