There Are 1500+ Cryptocurrencies Around The World And Counting

Parishy · Wed Jun 13, 2018 7:34 pm

There Are 1500+ Cryptocurrencies Around The World And Counting

More industries have embraced the idea of cryptocurrencies and are developing them for specific industries. The reason bitcoin is the most popular is because it was the first currency whose use can be traced. This is the reason it currently controls about 54% of the projected market value. The current market value for cyrptocurrencies is estimated to be $589 billion. There are about two dozen other currencies who market cap is more than $1 billion. Even as new currencies emerge, they are adding to the current figure of more than 1300 currencies.

Keron · Fri Jul 20, 2018 11:33 am

This is just the beginning. Everyday, you read that a company is offering an ICO. The reason of this new offerings has to be that Bitcoin has become too much popular amoong the people. You also need to know that many currencies die within a few days after the ICO. So, risks are heavily attached in it.