Crypto Market Cap Closing to 3T — Could Hit 100T in a Decade -Breaking
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Crypto Market Cap Closing to 3T — Could Hit 100T in a Decade- Lark Davies elicited an engaging conversation via Twitter (NYSE.)
- The total cryptocurrency market capital is closing in at 3 trillion.
- This could reach as high as 100 trillion, he claims.
Since (BTC’s) 2009 launch, the cryptocurrency market has been growing steadily. The public has witnessed for years how different countries have adopted cryptocurrency one after the other. Similarly, more innovations emerged like NFT, DeFi, and Metaverse — thanks to blockchain. Investors from all over the world joined the market, resulting in the industry’s massive growth.
Today’s crypto market celebrates the closing of the 3 trillion mark in its market capitalization. CoinMarketCap reports that it stands at $2.73 trillion with an increase of 3.14% over the last 24 hours.
Likewise, BTC and crypto investor — Lark Davis, tweeted about the same thing earlier.
The #crypto total market capital is closing at 3 trillion and could reach 100 trillion by end of decade. While you might not have arrived too soon, your time is certainly not overdue.
— Lark Davis (@TheCryptoLark) November 3, 2021
Lark, as mentioned in his tweet said that crypto’s total market capitalization might reach 100 trillion at the end the decade. This could seem possible considering how quickly the industry is developing.
This sparked many interesting discussions on Twitter. The tweet had already received around 1,079 Likes, 96 Retweets, and 5 Quote Tweets as of press time.
Many of the tweeters responded with their own opinions on which coins they have invested, and some also shared positive experiences with crypto. Nonetheless, almost everyone in the Twitter crypto community who engaged with Lark’s tweet viewed it positively — as if agreeing with what he said.
Suffice to say, the evident fast-paced and incessant growth of the crypto industry could show that it’s here to stay. Moreover, just as Lark said, if you plan to invest in cryptocurrencies, “You are not super early, but you are definitely not late!”
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