Crypto market size overestimated by $10 billions (11%)
▻https://hackernoon.com/crypto-market-size-overestimated-by-10-billions-11-f64e21e8bb63?source=r
Crypto Market Size Estimation: Circulating Supply vs. Outstanding Coin SupplyMarket Capitalization of top-20 coins shown on CoinMarketCap is overestimated by 10.87 billion US dollars (11%)It is incorrect to calculate market capitalization based on circulating supplyOutstanding coin supply should be used insteadIn this article we explain why Market Cap of crypto networks must be calculated based on Outstanding coin supply.We proceed with detailed computation of outstanding supply and Market Cap for top-20 cryptocurrencies.Correct Market Cap values for top-20 coins can be found on our crypto price aggregator THE SILICOIN (▻https://thesilicoin.com/).GlossaryTotal coin supply — all coins that exist now.Protocols may emit new coins. For instance, Bitcoin protocol emits coins as a reward to miners. (...)
#circulating-supply #outstanding-coin-supply #cryptocurrency #crypto-market-size #blockchain