Market Cap of crypto categories!
We all use market cap from time to time as a tool to figure out which project might or might now make it to our expectations.
Now there are 20,000 of crypto and it's hard to keep up with each coin market cap if you are investing a lot / watching a lot of crypto categories / use cases.
So I just gonna list out crypto categories and its total market for quick read here.
Note that a lot of coins are overlapped in categories hence adding m cap of each categories will exceed total crypto m cap today.
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Layer 1 (Btc, Eth, Ada, BNB etc) – $ 868 Billion Market Cap (72.33% of Total Crypto Market Cap).
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Smart Contract Platform (eth, bnb,polygon, sol etc) – $364 Billion Market Cap (30.33% of Total Crypto Market Cap).
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Stable Coins – $130 Billion Market Cap (10.83% of Total Crypto Market Cap).
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Exchange Based Tokens – $71 Billion Market Cap (5.9% of Total Crypto Market Cap).
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Defi (uni, aave, maker etc)- $36 Billion Market Cap (3% of Total Crypto Market Cap).
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Meme Coins – (doge, shiba, pepe etc)- $17 Billion Market Cap (1.41% of Total Crypto Market Cap).
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NFT (sand, mana, axs etc)- $16 Billion Market Cap (1.33 % of Total Crypto Market Cap).
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Liquid Staking Tokens (lido, rocket etc)- $15 Billion Market Cap (1.25% of Total Crypto Market Cap).
This is it, from my pov, Liquid Staking Tokens are climbing up the M Cap ladder of the crypto and might deserve a spot at 7 or 6.
Cheers !
submitted by /u/Knotley-Hunt-Brick
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