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23 April 2021

The crypto market took just 3 months to rise another trillion | CryptoSlate

The crypto market took just 3 months to rise another trillion | CryptoSlate


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Smart contracts dominate 21.24% of the cryptocurrency market with a $413 billion valuation, with all coins in the sector seeing a 14.50% surge (on average) in the past 14 days. .

DeFi is a $100 billion sector that dominates 4.97% of the entire crypto market led by the likes of decentralized exchangeUniswap($16.26 billion marketcap) and oracle providerChainlink($13.69 billion marketcap).Wrapped Bitcoin, an ERC20 version of BTC, takes third place with an $8 billion market cap.

Meanwhile, with the surge to a $2 trillion valuation, the market value of all cryptocurrencies is now equal to that of US banking equities. 

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