73.73% of all crypto market cap are in these 7 coins.
Only 39.16% of that is in BTC, the other 34.57% in ETH, BNB, ADA, XRP, DOGE, or USDT. Everything else comprises a mere 26.27% of total market cap. Does this mean that the 'altcoin' market is still filled with many potential projects! Certainly it does, but I would also suggest that you might want to look more closely at each of these projects as the market has deemed them significant.
Of the 7 coins listed above,
which are you most interested in?
2017-2019
2017-2021
A look at the All Time Highs
Is this the start of an Altcoin season?
I will point out that Hive is ranked 280 right now, with a mere $177 million in market cap. This chain is still an undiscovered GEM, but don't wait for the speculators to find Hive, onboard 12 of your friends this summer. If 40k monthly users refer just 4 there could be 160,000 new users looking for Hive to power up. I would rather see users vesting Hive, and participating in the research we do here, than have mass adoption through something like coinbase. What can we learn from the past two ATHs?
BCH is 0.97% of market cap,
at a price of $1,199.05 and $22.48 billion in total value.
Did you know that right now, 0.01 BCH is $11.75 USD!
Next week I am going to 'Hash It Out' with an active Bitcoin Cash supporter in my community, who will make his arguments for BCH, and discuss all the splintered Bitcoin forks that now exist. I want to have this conversation, and more.
