Peercoin - Approximately $6 million market cap decrease.Dogecoin - Approximately $10 million market cap decrease.Bitshares - Approximately $39 million market cap decrease.XRP - Approximately $202 million market cap decrease.Litecoin - Approximately $37 million market cap increase.Bitcoin - Approximately $406 million market cap increase.In total, seven of November 2014’s largest cryptos by market cap remained in the top 10 a year later. Nevertheless, there were now 564 cryptocurrencies at the end of November 2015.īitcoin’s market cap increased to over $5.5 billion, while November 2014’s second-largest cryptocurrency by market cap, XRP, fell to approximately $144.18 million. One year later, the cryptocurrency landscape hadn’t changed so drastically. And approximately 76,000 merchants accepted Bitcoin worldwide. The rest of the original seven had made way for the likes of XRP ($346.22 million market cap) and Dogecoin ($23.30 million market cap).Īt this stage, Bitcoin’s price had more than doubled to $378.05. Only Litecoin ($122.63 million market cap) and Peercoin ($16.26 million market cap) remained in the top ten cryptocurrencies by market cap. Here is a breakdown of the state of play almost a decade ago: Rankįast-forward a year and a half to November 2014, and there were 513 cryptocurrencies in existence.īitcoin remained the dominant force, now with a market cap of around $5.13 billion. Bitcoin led the way in terms of market capitalization with almost 20x the value of any other cryptocurrency. In April 2013, there were just seven cryptocurrencies reported by Coin Market Cap. The following section will highlight some of its dramatic growth with snapshots of the decentralized finance landscape at various points in time.īefore we get into that, here is a quick overview of the total number of legit cryptocurrencies listed on CoinMarketCap from 2013 to today: Month, Year In less than a decade, cryptocurrency has exploded onto the scene and has grown at an ever-increasing rate. Sources: CoinMarketCap, Growth of Cryptocurrency Over Time And approximately 18,000 businesses now accept a form of crypto as payment. There are upwards of 300 million cryptocurrency users across the globe. Discounting many “dead” cryptos leaves only around 8,832 active cryptocurrencies. However, not all cryptocurrencies are active or valuable. Sources: CoinMarketCap,, Triple-a How Many Cryptocurrencies Are There in 2023?Īs of March 2023, there are 22,904 cryptocurrencies in existence. 95% of crypto holders/crypto-curious people are aware of Bitcoin.As a continent, Asia has over 4x more cryptocurrency users than any other continent.Approximately 8% of the US population trades cryptocurrency.Four of the top 20 cryptocurrencies are directly pegged to USD value - Tether, USD Coin, Binance USD, DAI.
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