The number of
altcoins in circulation is expected to rise as more companies issue coin offerings.
1343 Cryptos, Half A Trillion Dollars Data from Coinmarketcap, which currently tracks Bitcoin and 1342
altcoins in circulation, shows the leap forward in market valuation as multiple cryptocurrencies continue to reach new highs of their own.
Recent years voraciously expanded the number of
altcoins in circulation, with organizations often launching «Initial Coin Offerings» (ICOs).
Not exact matches
he value of all bitcoins
in circulation is around 9 times the value of the top 100
altcoins put together.
Since 2009, when Bitcoin became the first decentralized digital currency and numerous
altcoins started to emerge, the market cap term has also come into common use to describe the total dollar market value and available supply of the total amount of digital currency
in circulation.
The deluge of
altcoin tokens
in circulation has muddled investors» ability to discern legitimacy from myth.
The number of
altcoins valued at $ 1 billion or more has also risen sharply, as has the total number of cryptocurrencies
in circulation following successful ICOs.
The combined value of all cryptocurrencies
in circulation approached half a trillion dollars on Tuesday, as bitcoin's rally extended to leading
altcoins such as Ethereum and Litecoin.