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The entirety of CryptoCurrency accounts for 0.15% of global wealth. It's not too late to buy in.

All Cryptocurrencies

by COINS NEWS 196 Views

The global cryptocurrency market cap on coinmarketcap is approximately 1.66 Trillion USD which is a fantastic and incredible fast growing figure, but when compared against the global GDP and the worlds entire money supply, around $1.1 Quadrillion, it comes in at a mere 0.1509%.

There's a fantastic visualisation and example of the worlds total money supply and wealth in this article from May 2020 which helps demonstrate how small this number is.

Many people are hesitant to invest because they're waiting for a dip or because they're not sure where the market is headed, but if you believe crypto will eventually swallow up even a small fraction of the global real estate market ($280 Trillion), the global debt market ($253 Trillion) or any of the worlds other large stores of value then there's still an enormous scope for market value to increase in even the largest crypto coins assuming their fundamentals are solid.

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