Cryptocurrency market cap surpassed $500 billion

The volume of total market capitalization of cryptocurrencies has climbed up to the point of $513 billion and the leading cryptocoins continue to grow in price
14 December 2017   1406

The total market capitalization of cryptocurrency has reached another milestone breaking the point of half trillion USD. The volume of market capitalization reached the mark of $500 billion on December 12 and currently continues to rise.

Global market capitalisation chartsGlobal Market Capitalisation Charts

In the meantime, Bitcoin remains dominant over all other cryptocurrencies having the dominance index of 54,9%. Nevertheless, altcoins are starting to gain better positions becoming more dominant than they used to be. For instance, the dominance index of Ethereum is 14,09% and dominance of Bitcoin Cash is 6,21% as of December 14, 2017.

Percentage of total market capitalization dominancePercentage of total market capitalization (dominance) during past 3 months

What is more, all top cryptocurrencies have shown the notable price rise during past week, and the leaders in the increase of price are Litecoin, which rose 205% reaching the price mark of $295, and Ripple, whose price grew 163% to the point of $0,59.

Top cryptocurrencies list ranked by market capitalisationList of top cryptocurrencies ranked by market capitalisation

The total volume for the past 24 hours has exceeded the mark of $35 billion.

Previously, we have reported that in the beginning of November, the total market capitalization of cryptocurrencies exceeded $200 billion, which shows that market cap faced an unexpectedly rapid increase only within one month and a half, growing by more than $300 billion.

At the moment of press, the total market capitalization is $513 650 528 354.

Change.org to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   99

Social platform for petitions Change.org announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of Change.org. This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of Change.org report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.