The Cap is $2 Trillion πŸ”₯

By Sir Loin | The Crypto Shenanigans | 5 Apr 2021


It took less than three months for the crypto market to double its capitalization. Exactly on January 7, 2021, the total cryptocurrency market capitalization reached $1 trillion, and today, on April 5, the next level of $2 trillion is reached.

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Bitcoin today is the third world currency after the US dollar and the Euro if we take into account the M0 and M1.

This year, only in the Bitcoin market, $2.5 trillion will come. And another $0.5 trillion may flow into other altcoins and NFT tokens. You will see major luxury brands like Gucci start issuing their non-fungible tokens that will be tied to collectible garments. And although the NFT market has dropped significantly over the past month, the world is still full of crazy people who want to own a unique set of symbols for a lot of money.

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