A Brief Guide to Visualizing the Biggest Economic Bubblesโ€‚by@vladislawaskin

A Brief Guide to Visualizing the Biggest Economic Bubbles

Vladislav Vaskin HackerNoon profile picture

Vladislav Vaskin

Editor In Chief of J'JO Media

The cryptocurrency market is still young, and there are stillย growth opportunities yet to come. This can easily be seen by comparing the capitalization of major financial markets.

The total capitalization of the cryptocurrency market is approximately $2.1 trillion. The top 30 cryptocurrencies account for approximately $1.78 trillion and 87% of the entire market.ย 

The cryptocurrency market has achieved its current capitalization over the past ten years due to its technological development and the interest of retail investors. However, it may have much more growth ahead due to:

  • the implementation of legislative regulation;
  • the influx of institutional investments;
  • increased interest of retail investors;
  • the research and development of new services and technologies.

However, the market itself is still relatively young, and growth opportunities still lie ahead. Even if 10% of the world's capital flows into the market, we will see a significant rise in cryptocurrency prices. As a result, the current capitalization of $2.1 trillion can easily be overcome, and by 2025 the market capitalization could exceed tens of trillions of dollars.

Also published inย J'JO Media.

Disclaimer:ย The opinions presented in this article belong to the author alone. Please be sure to do your own thorough research before making any investment decisions.