Today's visualization comes to us from Nick Young, and it shows the 25 most notable cryptocurrencies on the market using data from March 5, 2018. Bitcoin's journey to $10,000 in late 2017 caught the attention of many people in the media and investing world, catapulting the currency into the mainstream. At the same time, however, it's also clear that the rest of the cryptocurrency landscape is flourishing as a strong supporting cast, making for a more diverse, interesting, and efficient ecosystem overall. In the graphic below, the 25 cryptocurrencies are organized by market capitalization, inception date, 30-day trade volume, and also the type of function that each coin or token has. It's also worth noting that relative comparisons are done on a log scale for easier viewing. Exactly a year ago, Bitcoin made up over 80% of the market capitalization of the cryptocurrency space. Today, with many altcoins gaining traction (and the Bitcoin hard forks taking place), the share held by Bitcoin is closer to 42%. Scroll to very bottom of page & add your comments on this article. We want to share what you have to say! Related Articles From the munKNEE Vault: For all the latest ? and best ? financial articles sign up (in the top right corner) for your free bi-weekly Market Intelligence Report newsletter (see sample here) or visit our Facebook page. The post A Comparison Of the 25 Most Notable Cryptocurrencies appeared first on munKNEE dot.com. |
