Ethereum’s Startling Market Cap Increase

Here are the top 99 altcoins sized by market cap on February 19th, 2016

coins-2016-02-19.png

And here they are on May 25th, 2016. The key event behind Ethereum’s explosive growth is the creation of The DAO.

coins-2016-05-25-01

The technology at the root of The DAO’s ability to raise $150 million for a decentralized venture fund is the concept of a smart contract. If you want to make some predictions here the best thing to do would be to sort these altcoins into those that have smart contract capabilities, and those that are going to get swept aside.

 

This is a rudimentary graphic, but the topic is compelling. I wish I was in better position to participate in this blockchain & cryptocurrency market boom. It’s where the internet was in 1998 – we can’t begin to predict where things like The DAO are going to go.

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2 thoughts on “Ethereum’s Startling Market Cap Increase

  1. Pingback: First Ether Bought, Spent On DAO Tokens | Neal Rauhauser

  2. Pingback: A Trio Of Ethereum Graphics | Neal Rauhauser

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