As liquidity pours into the Cryptocurrency Market at an unprecedented pace, the total Market Capital of the Market punches through +$500 billion.

in #investors-group • 7 years ago

Cryptocurrency News: #Investors-Group

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Total Market Capital punches through $500 billion

As liquidity pours into the #Cryptocurrency Market at an unprecedented pace, the total Market Capital of the Market punches through +$500 billion, with #Bitcoin now dominating no less than 56.2% of the overall Market.

One observation I wanted to share with you was the position of #Steem.

Currently #Steem is ranked at Number 35, with a Market Capital of approx. $448,950,155.

Last year #Steem hovered around Number 7, which currently demands a Market Capital in excess of $7 billion.

Just an observation..!!

Thanks again for reading.

Stephen

Please feel free to use the #Investors-Group tag for: Stocks, Cryptocurrencies, Commodities and Investment related Blogs.

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#cryptocurrency #bitcoin #steem #news
7 years ago in #investors-group by
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     7 years ago 

    Incredible growth rate and we are still a distance from mass adoption, it will be really interesting to see how this grows and be part of it.

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     7 years ago (edited)

    this is incredible! It gonna be 2x-3x higher next year.

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     7 years ago 

    interesting post, Volume and market cap are very important aspects of the cryptomarket that a lot of people forget to take into account. I am very happy you made this post and keep up the good work! What exactly is your investors group?

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       7 years ago 

      Hi @stephenkendal hope you're doing good. I'm totally agree with your given facts. I believe nobody can stop ripple now and its rate would be up gradually like IOTA. I wrote a blog 2 days back and I predicted some facts about Ripple and LTC. Anyways keep posting and updating us with great stuff. All the best!

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         7 years ago 

        this is interesting to say the least. I believe over 50% of the top 25 coins are based on #ethereum; likely most of the new comers who surpassed #Steem.
        It would benefit from more publicity. we are all responsible!
        If I may share here an article I posted, it is related to the topic of valuation and the ability to put our case in front of serious investors.

        https://steemit.com/tokens/@liotap/steem-economy-valuation-challenge

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