Monday, December 2, 2019

Altcoin Apocalypse: Number of Dying cryptocurrencies is Increasing

The great rise of cryptography at the end of 2017 is a long-distance souvenir today. Almost all Altcoin grew in ridiculous proportions as the FOMO wave swept the scene. Today, most cryptocurrencies are melting and many will simply not survive another winter.

Crypto Assets on Death Row

Today, the total capitalization of the encryption market is approximately 200 billion dollars. It exceeded $800 billion through this level in November 2018, but fell again in November 2018 to $100 billion. Another impulse sent the total limit to $380 billion this year. But since then it has fallen 50% again as alternative currencies begin to die.

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