The Evolution of the Crypto Economy: From 14 Coins to 22,709 Coins - Swelled 80,466% Since 2013

In 2013, there were only a small handful of crypto exchanges, and some of them were sketchy, to say the least. Digital currency wallets were also few and far between, and overall, the crypto economy’s infrastructure nine years ago was a shell of what it is today.

Snapshot

2022 was a difficult year in the crypto sector, and a great number of businesses collapsed from the downturn. Despite the collapses and the hundreds of billions that evaporated from the market, it is a significantly larger forest compared to the small patch of trees it once was in 2013.

Besides the internet itself, not many sectors have seen 80,466% growth in less than a decade.