The price of bitcoin surged over 8% today and in the process smashed right through the $5,000 level as well as the prior highs from September 1st. Where this run ends is anyone’s guess, but trying to call the top in the past has been like stepping between a politician and a microphone/
With bitcoin breaking through another 1,000 point threshold today, you may be wondering, “just how much bitcoin is there?” Courtesy of @CoinMktCap, we found that with just over 16.6 billion bitcoins in circulation, the total value of bitcoins in circulation is over $87 billion which is larger than the market cap of all but 62 billion companies in the S&P 500. Behind bitcoin, though, there are also another 11 crypto-currencies with a total circulation valued at more than $1 billion! In the startup world, companies with a valuation above $1 billion are called unicorns, so along those lines, below we list the 12 digital currencies that currently qualify as “Crypto-corns” with circulation values of more than $1 billion.
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