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Jacobtldr Authors Joshua Frank

7 days 30 days All time Recent Popular
Joshua Frank
Joshua Frank
@Joshua_Frank_
1/3

No one has called the entire crypto market cap hitting an all-time high, I think it is time to call it.

Total crypto market cap is now over $750B. In 2018 market cap briefly eclipsed $800B, but BTC dominance was below 35%, the market was illiquid garbage.

2/4

On January 7th 20118 - the proclaimed market cap ATH, Bitconnect had a market cap of $2.3B and Dentacoin $1.8B (and was up 930% on the week, lol). Coins like Ardor had market caps of $1.8B with $5M in daily volume. Bitcoin Gold was at $5B mcap

These assets were not liquid


3/4

I mean look at this garbage, New York Coin at $125M market cap on $4M volume and Electra $176M market cap on $45K volume.


4/4

Today Bitcoin's market cap dominance is sitting around 70% on tens of billions in daily trading volume, and total crypto market cap is at $750B. While garbage remains, much has been wiped out and the market is starting to mature.

This is the new all-time high for crypto.
CRYPTO
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