This is largely because it has a lot of coins in
circulation than bitcoin — over fifteen times bitcoin's total coins in circulation.
Not exact matches
There are some 16.7 million
Bitcoin units in
circulation, and the cryptocurrency's market capitalization ($ 167,156,585,840 as of Nov. 28, 2017) is actually higher
than that of Disney, McDonald's or IBM, and it is slightly above that of GE.
Bitcoins have become one of the most popular forms of alternative currency with more
than $ 1 billion in
circulation around the world.
As of the end of 2015, around 15 million
bitcoins were in
circulation with a total market value of more
than $ 6 billion.
There are now more dogecoins in
circulation than there are
bitcoins.
Litecoin, like
Bitcoin, was created as an electronic payment system; however, transactions on the Litecoin network are processed faster and there are more litecoins in
circulation than there are
bitcoins.
tracking the
circulation of funds within the
bitcoin economy from 2013 to 2016 concluded that less
than 1 % of
bitcoin transactions stemmed from coins of illicit origin.
Some reports say he controls more
than 5 % of all
bitcoin in
circulation, which means his net worth could be in the billions.
With more
than 39 billion XRP in
circulation, it is way above
Bitcoin with only less
than 17 million coins in
circulation.
But what's more interesting
than the new high is that
bitcoin's rally has driven the value of all tokens currently in
circulation up to $ 97 billion, according to Cryptocurrency Market Capitalizations.
Who is going to beat
Bitcoin faster remains to be seen, but both cryptocurrencies benefit from having larger
circulation supply
than the current King.
Launched in 2011 by a former Google engineer, Litecoin has been referred to as the silver to
bitcoin's gold, with a market cap of $ 13,161,359,753 and a total
circulation of more
than 54 million tokens.
This is a basic outline of why Dash might be a good investment opportunity; but other reasons include that it has less
than 8million coins in
circulation (
Bitcoin has around 16m) and it also has a governance structure.
More
than 16.7 million
bitcoins were in
circulation as of December 2017 with a total value of about USD 250 billion.