As 2021 comes to an end, the number of cryptocurrencies has increased in parallel with the growth of the crypto money market.
On January 1, 2021, the number of crypto assets was determined to be 8,153. Towards the end of 2021, this amount almost doubled.
As of December 31, the number of digital assets reached 16,223, according to CoinMarketCap data. 8,070 new cryptos have been added since the start of 2021, 98% from the previous year. An increase of 98 was observed.
8,070 new cryptocurrencies have been released since the beginning of the year, with an average of 21 new cryptocurrencies being released every day.
The Number of Cryptocurrencies Was 13,000 2 Months Ago
On October 25, the number of cryptocurrencies exceeded 13,000 for the first time. Although the market was in a short fall at the time, the entire market cap was $2.6 trillion, much more than the current crypto market. 3,000 new digital assets were added to the industry in two months.
Cryptocurrency Space Continues to Grow
The cryptocurrency industry has seen massive growth this year with the adoption of digital assets. A recent report revealed that around 20,000 new Bitcoin ATMs were installed in 2021.
As a result, suppliers and investors are expected to be more optimistic in the industry in line with their long-term expectations. According to Finbold’s Bitcoin return on investment (ROI), Bitcoin, the largest cryptocurrency by market capitalization, has grown by 64% so far this year.
Global Crypto Marketplace
Currently, the global crypto market cap is worth $2.26 trillion, up 2.49% from yesterday. The market volume also decreased by 5.91% in the last 24 hours, reaching $91.57 billion.