ERC20 Tokens Market Cap Rises to 60% of Ethereum at $13 Billion

in #blockchain-news • 6 years ago

According to a report released by Trust Nodes, the combined market capitalization of all ERC-20 tokens is now $12.8 billion, meaning that in total the projects are worth around 61% of the total capitalization of Ethereum (ETH). This marks a 16% increase from August when the value sat around $11 billion. This data suggests that over the past 2 months, some of the projects on the Ethereum blockchain have had better price performance, experiencing spikes in their value while ETH has remained relatively stable around $200.

Source: https://www.trustnodes.com/2018/10/26/erc20-tokens-market-cap-rises-to-60-of-ethereum-at-13-billion

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6 years ago in #blockchain-news by
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