Altcoins at all time high of 62 billion June 11 2017

in altcoins •  8 years ago 

This is really interesting. Right now, perhaps for the first time ever, Bitcoin is at 43.1% dominance. Most cryptocurrency is now in something other than Bitcoin. The entire cryptoverse ( @marketingmonk ) is over 110 billion dollars at this moment, and there is $15 billion dollars more in Altcoins than there is in Bitcoin. Ethereum is 68% the size of Bitcoin right now, and only 11.9% the price. Ripple is #3 with only 5 cents over NEM however has 10x the market cap. ETC is only 10 million behind NEM but is 100x the price. Litecoin and Dash both have over 1 million market cap and cost $29.87 vs 162.03 USD. Bitshares boasts 500 million in trading volume over the last 24 hours at a price of 0.34.

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good stats.thanks for sharing.
upvoted followed resteemed

Very interesting analysis, thanks for taking the time to post it. I feel that with the UASF and BIP 148 issues coming up in bitcoin leading up to August 1st people are spreading their risk by investing in a number of altcoins rather that just in bitcoin.

It's getting crazy.... shesh!!

Thanks for sharing. The flippening is inevitable at this point...

Thanks for sharing. Seems a shift towards the 2nd largest coin in happing as the demand for ETH is insane at the moment. What do you think of ETC? Is it undervalued?