Virtual Currency Hits $100 Billion Market Cap | dinbits

Bitcoin topped a market capitalization of $50 billion USD, which is exactly 1/2 of the total virtual currency market.

As a whole,, all coins combine have topped $100 billion for the first time in history. Ether (ETH) which runs on the Ethereum network makes up nearly half of that at a current cap of $23 billion. Ether is followed by Ripple, NEM, Ether Coin, Ether Classic, Litecoin, Dash, Stratis, Monero and others.

This goes to further solidify that it's not just about bitcoin anymore, there are other virtual currencies to be taken seriously.

The second most valuable coin is currently ZCash which is around $256.

A Different Time

One key thing to take note of is the way the coins are rising in general. In the past we would see bitcoin drop and altcoins rise as people transferred value from one asset to another. Not so much the case now. Everything is going up.

Most of us in the industry already know this, and allot of folks are going to enjoy the "I told you so" speech. 

However it may just be possible that will be without push back because right now even outsiders might just say virtual currency ... has arrived.

Article by dinbits
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