What does the total market capitalization show? The full cryptocurrency market capitalization chart remains at a healthy level. It looks like the industry is in good shape. But if you exclude Bitcoin and Ethereum, the situation immediately becomes less rosy: without these two assets, the market has returned to five-year lows.


The fact is, market capitalization is always the product of two factors. The first is the circulating supply of tokens. The second is their price. And the supply volume is growing very rapidly. Each day, #Количество new tokens are created, and the number of tokens being generated simply skyrockets. Over the past few years, the industry has released a huge number of new assets. And even with this influx, the total market capitalization has remained almost flat. This means that the inflow of new coins is eating up all the growth. #GateSquareAprilPostingChallenge
ETH-0.35%
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