The global cryptocurrency market cap today is [coin-marketcap], a -0.2% change in the last 24 hours. Total cryptocurrency trading volume in the last day is at $164 Billion. Bitcoin dominance is at 41.2% and Ethereum dominance is at 17.4%. CoinGecko is now tracking 9,359 cryptocurrencies. Popular trends of the industry right now are DeFi and Play to Earn.
[coin-market-cap id=”328″]
Cryptocurrencies have evolved rapidly over the past decade, gaining momentum through a proliferation of new use cases. As their popularity grows, cryptocurrencies, could disrupt TradFi business models. They also offer promising growth opportunities for those that can adapt to new ways of doing business. Even in uptrends, prices go up in stages of 2 steps forward, 1 step back (correction, consolidation).
Here are some crypto trends to watch out for:
- Cryptocurrency regulation
- Global shift towards defi
- Metaverse, GameFi and Play-2-Earn
- CBDC and large organizational investments
- Inflation
- Incorporation of NFTs by big brands
- Web 3.0
- Use of NFTs in real estate
