Market capitalization of cryptocurrencies was around $17.7 billion at start of 2017, which reached an all time high of $116.3 billion by mid-June. Then the mood in the cryptocurrency domain has been downplayed during the July mainly due to uncertainties around scaling issues. However now after we've facing rising confidence surrounding the solution to Bitcoin’s scaling debate the question is: Will Cryptocurrencies hit $200 billion market cap by the end of 2017?
Please answer the question in the comments section with a simple yes/no or even better with a more elaborate explanation of your opinion on that subject.