Cryptocurrency
Three Trillion Dollars Worth of Crypto
According to website CoinGecko, the market cap of cryptocurrencies exceeded $3 trillion as of November 9, 2021. Bitcoin - by far the biggest cryptocurrency - makes up more than a third of that, while the next biggest coin, Ethereum, accounts for around 18 percent.
Interestingly, Bitcoin still made up 50 percent of the overall cryptocurrency market cap when that hit $2 trillion, highlighting the growth of other cryptocurrencies. Smaller players in the crypto market include Binance Coin ($109 billion market cap) and Solana ($75 billion market cap).
Trendy cryptocurrency Shiba Inu - the successor of similarly themed Dodgecoin - the was the 11th most valuable coin with a market cap of around $31 billion. The currency surged majorly, now being almost eight times as valuable as in late September.
Description
This chart shows market caps of cryptocurrencies (as of November 9, 2021).
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