Top 20 world assets by market cap is another milestone reached by ethereum in just few months after making it to the top 100 world assets by market cap.
The top 20 world assets by market cap is not a position for anyhow company, metal and cryptocurrency.
In order to depict the value attached to the ranking, only two cryptocurrencies made it to the top 100 world assets by market cap.
Bitcoin, the most valued cryptocurrency is among the top 10 while ethereum, the second most valued cryptocurrency is among the top 20 world assets.
By implications, ethereum is now valuable than all the world most valued banks and investment companies.
Ethereum is above JPMorgan bank which is consider the most valuable bank in terms of market cap.
The giant card issuer and payment processing system, Visa is also among the list but below ethereum.
MasterCard and Paypal are also on the list but none of them is as valuable as ethereum.
It seems difficult to believe that a cryptocurrency project that was launched less than 6years witnessed a rapid growth.
The growth was so rapid that it overtake companies that has been in existence for more than 20years.
Where will the Blockchain be after 20years??
With the rate at which cryptocurrency project are taking charge of world financial market, Blockchain might become the next safe haven.
- Gold which is the world most valuable assets with a market cap of $11trillion is the only two-figure trillion value on the list.
- Following gold is Apple with $2trillion+ by market cap while bitcoin is having $1trillion+.
- It took bitcoin few months to reach $1trillion market cap after breaking the $500billion market cap.
- All other things being equal, ethereum might soon be among the top 10 world assets of it continues the bullish trend.
Are you still doubting the cryptocurrency market or you did not know how to go about it?
If you are still on the sideline waiting for the cryptocurrency to crash, you might have to wait till forever.
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