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Cryptocurrency Explosion
A Vast and Growing Landscape
Since the inception of Bitcoin in 2009, the cryptocurrency realm has witnessed an exponential proliferation of new digital currencies. As of 2023, the number of active cryptocurrencies has soared to well over 9,000, each with its own unique properties and valuations.
Market Cap and Trading Volume
The cryptocurrency market cap, a measure of the total value of all cryptocurrencies in circulation, stands at an impressive $247 trillion. However, it is important to note that this value has experienced some volatility, with a recent 0.81% decline over the past 24 hours.
Trading volume, which represents the total amount of cryptocurrency bought and sold, is another key indicator of the market's activity. The top 100 cryptocurrencies by market capitalization, including Bitcoin (BTC) and Ethereum (ETH), account for a significant portion of the daily trading volume.
A Comprehensive Overview
For those seeking a comprehensive overview of all active cryptocurrencies, numerous resources provide detailed lists sorted by price, market cap, and daily trading volume. These lists serve as valuable tools for investors, traders, and enthusiasts alike.