Non-Bitcoin Asset Blockchain Market Capitalizations Jump 1600% in 3 Years

Non-Bitcoin Asset Blockchain Market Capitalizations Jump 1600% in 3 Years

Bitcoin stays aristocrat of a mountain in blockchain marketplace capitalization, though choice item blockchains are snapping aloft during bitcoin’s heels.

Non-bitcoin item blockchains have stretched marketplace value significantly in a final 3 years, jumping 1,600% while bitcoin’s marketplace opening grew 300%, according to an research of coinmarketcap information by Venturebeat.

The article, created by Alex Sunnarborg, arch financial officer and co-founder during Lawnmower.io, a mobile app for investing in blockchain and bitcoin technologies, records that a enlargement of non-bitcoin resources offers investment opportunities for those looking to variegate portfolios.

Blockchain Assets Grow

The marketplace for non-bitcoin blockchain resources totaled $92 million on Apr 28, 2013, while bitcoin exceeded a $1 billion top one month earlier. The non-bitcoin blockchain marketplace exceeded $1.6 billion on Mar 21, 2016. (By then, bitcoin was during $6.318 billion.)

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Data Source: Coinmarketcap

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Data Source: Coinmarketcap

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