The crypto economy increases to over $ 3 trillion-the value dynamics grew much faster than Apple's market evaluation-market tactualizations

On November 8, 2021, the market capitalization of the cryptocurrency economy reached the 3 trillion $ 3 trillion brand after achieving a considerable value over the course of 12 years. The total value of the 10,464 existing crypto assets is now greater than the market evaluation of Microsoft with $ 2.52 trillion and Apple's market capitalization of $ 2.47 trillion.

The cryptocurrency economy is now more valuable than that of companies such as Microsoft, Apple, Google, Saudi Aramco

statistics show that the net assets of the entire crypto economy on Monday, November 8th, are estimated to be over $ 3 trillion after it rose by about 3.7% on the last day. The 10,464 existing coins worth over $ 3 trillion have generated a global trade volume of $ 206 billion in the last 24 hours. Years ago, people laughed and described crypto as merely worthless "beanie baby" collectors. Today, however, most of them no longer laugh and are either angry or simply withdrawn from value dynamics.

The increase in crypto economy to $ 3 trillion was quick because it took less than 13 years to exceed the value of $ 3 trillion. The top assets in the world cannot say that, and many of them have needed decades to reach the value they have today. It took the most valuable market capitalization, today held by Microsoft , a total of 33 years from the IPO) to its first trillion dollar rating in 2019. COVID-19 pandemic has driven Microsoft beyond the next trillion, which led to a current assessment of $ 2.52 trillion.

The evaluation of the crypto economy grew by 169.23% faster than the current market capitalization of Microsoft. Apple also took a lot of time to determine its current evaluation since the company was founded in 1976. Apple hit the trillion border a year earlier in August 2018, and the company took 41 years to get there. Apple reached the second trillion two years after 2018 and in August 2021 the company reached the $ 2.5 trillion mark. Apple's shares have since fallen by a hair to $ 150.68 per share, and Apple holds an assessment of $ 2.48 trillion.

The crypto economy grew by 215% faster than Apple's evaluation growth - some believe that the value of cryptocurrencies will surpass the growth of the Internet itself

The crypto economy grew 215.38 % faster than the mega-tech company Apple and reached $ 3 trillion in less than 13 years. The crypto economy is also greater than the value of Google 2 trillion dollars and Saudi Aramco by Big Oil and his 1.99 trillion US dollar rating . Google is 23 years old and has reached the $ 2-Billion brand faster than Apple and Microsoft.

The crypto economy grew 76.92% faster than the overall market capitalization of Google, and the total value of the 10,464 crypto-assets is now over $ 1 billion higher. In 2016, Crown Prince Mohammed Bin Salman said that Saudi Aramco would be a trillion dollar company after completing a partial privatization plan. His prediction finally became true and Saudi Aramco is the fourth largest asset after market capitalization today.

The largest oil company Saudi Aramco is now 88 years old and reached the market capitalization zone of $ 2 trillion in 2019. It took 85 years for the Saudi oil company to reach this milestone, which is about 553.84% slower than the 13-year increase in the value of the crypto economy.

In terms of growth, only the Internet itself has experienced an exponential increase in value that has grown as much as cryptocurrency and blockchain economy. In fact, many crypto supporters believe that the World Wide Web will or has already exceeded in relation to the value. "The innovations in this industry could even exceed the Internet itself," said the co-founder and former CEO of Bitmain, Jihan Wu, called earlier this year.

What do you think that the crypto economy will increase to $ 3 trillion in less than 13 years? Let us know your opinion on this topic in the comments below.

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