One Trillion Market Cap Coming Real Soon

Last summer we were all cheering when the cyrpto market hit the $100 billion market cap, but now it's heading to $1 trillion. 

ONE TRILLION!!!!

A year ago most people in crypto knew it would hit a trillion, but I don't know anyone that expected it this soon. We must be in a bubble right? LOL

They said we were in a bubble at $100 billion. 

Last summer when Bitcoin was at $2,600 this guy was saying it was a bubble and it was going to pop!!!

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Well, I'm not going to go to that guy for advice. HAHAHA

The blockchain is a new technology and we are just now starting to figure it out. It is a technology that will change the world, change how we send and receive money, change how we send information on the Internet and change the way companies are run. 

Every aspect of our daily lives is going to integrated into blockchain technology within 5-10 years and people think that this is still a bubble. 

Some people are just calling it a bubble so it scares people away. Even Warren Buffett, a man who has made a ton of money, called it a bubble. But thanks to the @dollarvigilante for setting the records strait.

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The thing is, everyone on the news just talks about Bitcoin, but there is a wide world of crypto out there and many of the emerging projects are going to eclipse Bitcoin sometime in the near future.

Bitcoin enjoyed a market dominance of over 50% for the longest time, but that has now been eroded to only 36%. Still massive, but other coins are gaining ground.

Right now the market cap is just over $800 billion, but it was less than $500 billion just a few weeks ago. We could see a trillion dollar market cap by the end of January if things keep going the way they are.

Really there is no reason to think the market won't continue to grow for the next couple of weeks. New money keeps flooding into the market and as people realize that some of these alt-coins are really going to be the future of crypto and not Bitcoin, we are going to see some serious increases in price and market cap.

I do think that things will slow down a little once we hit that trillion dollar mark, but they won't slow down for long as projects start releasing updates in the first and second quarter and bringing to market some great new blockchain technology. 

My guess is things will go this way for a while until people really start adopting crypto and the blockchain technology. When that happens, a trillion dollar market cap will seem like such a small number.

What are your thoughts?

Did you think we would be knocking on a trillion dollar market cap this soon? When will we hit it? 

Let me know your thoughts in the comments below.

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Thanks for reading.