[The crypto economy has hopped back over the $2 trillion imprint subsequent to falling beneath that worth in mid-January. Insights show that the USD worth of every one of the 12,440 coins across 544 crypto trades is valued at $2.08 trillion, up 5.2% during the most recent 24 hours.]

While the crypto economy has jumped over $2 trillion:-

Additionally, the total value locked (TVL) in defi protocols jumped 2% during the last day, rallying above $220 billion on Monday morning. Statistics show on January 24, 2022, the value of all the cryptos in existence was around $1.5 trillion. While bitcoin (BTC) dominates by 39.4%, ethereum’s (ETH) market capitalization is 17.9% of the $2 trillion in value.

Coins that helped push the crypto economy’s value northbound past $2 trillion include gala (GALA), quant (QNT), leo token (LEO), mina (MINA), zcash (ZEC), shiba inu (SHIB), near (NEAR), ethereum classic (ETC), osmosis (OSMO), and decentraland (MANA), respectively. The $41.8 billion worth of meme coin assets jumped 11.8% during the last day as dogecoin and shiba inu saw gains between 7.1% and 24.1%.


Market capitalization of all the crypto coins in presence throughout the most recent 30 days, by means of coinmarketcap.com. Details from this post were recorded at 11:00 a.m. (EST).

 The aforementioned tokens gained anywhere between 30.3% and 95.3% in value against the U.S. dollar in the last seven days.Ethereum’s defi TVL dominates by 61.17% or $134.92 billion total value locked.

The $10.6 billion worth of privacy coins jumped 3.8% over the last day, the net value of smart contract platforms ($691B) jumped 3.3% in 24 hours. This means more than $500 billion returned to the crypto economy after the market carnage in January. Since that day, the crypto economy’s USD value swelled by more than 36% climbing to $2.08 trillion on February 7, 2022. Digital currency values have increased a great deal during the last week which has, in turn, pushed the overall value of the entire crypto-economy northbound.

NFT sales are up this week:-

However, the crypto economy’s market cap is below the market caps of gold ($11.544T), Apple ($2.813T), and Microsoft ($2.293T). The weekly NFT sales metric is down 7.83% compared to last week’s NFT sales, and sales on Ethereum are down 9.15%. The USD value of all 12,440 coins would be ranked just above the fourth most valuable global asset, Saudi Aramco’s (Tadawul: 2222) $1.973 trillion market capitalization.

The main ten most important resource market valuations on February 7, 2022. Details from this post were recorded at 11:00 a.m. (EST).

 However, the third and second-largest blockchains by NFT sales are up this week, as Solana NFT sales climbed 5.69% and Avalanche NFT sales jumped by 36.34% with the crypto economy above the $2 trillion mark, the value is worth more than most market valuations today. Overall sales among 1,449,578 transactions and 309,418 traders amounted to $967.5 million over the week. Bitcoin’s (BTC) market cap today is the ninth most valuable asset in terms of overall valuation with its $821.01 billion market cap. While the crypto economy has jumped over $2 trillion — as numerous tokens have seen significant gains and the TVL in defi rises — NFT sales have dropped this past week.

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