Cardano News

Altcoins with $1 Billion Market Cap Now a Rarity

In 2019, altcoins went through another mass purge. Only a handful of assets now pass the $1 billion market cap barrier, which was much easier during boom times. Multiple altcoins managed to pass that tier, well into the top 50 of coins and tokens. Even the KIN token, now having a market cap of just $7 million, reached a valuation within a shouting distance of $1 billion.

Now, the list extends to the top 13 coins, with (ADA) just above the threshold, with a $1.04 billion valuation.

The biggest curiosity within the top 10 is Tether (USDT), which has now “flippened” (BCH) to climb to position four. The reason for this was a series of new USDT minting eve…

This article appeared first on Cryptovest

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