Animoca founder sees crypto market cap approaching $200 trillion in a decade

IconCryptoNewsTerminal Staff29 May, 2024

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Animoca founder sees crypto market cap approaching $200 trillion in a decade

### Animoca founder sees crypto market cap approaching $200 trillion in a decade In an interview, Co-founder of Animoca Brands told CoinTelegraph that “the crypto market cap will grow to $200 trillion or more in the next decade.” Currently, the entire cryptocurrency market holds a market capitalization of around $2.55 trillion, according to CoinMarketCap. He added, “The global crypto ecosystem will grow exponentially and has the potential to grow up to 200 times in 10 years, and the number of token holders will increase to 1 billion worldwide.” Asia will be the frontrunner for the web3 industry's development, and Western nations, particularly the United States, will experience setbacks due to regulatory volatility. Asia will hold onto its leadership spot.

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