Pavol Rusnak #cypherpunk #hacker #openhw #privacy #bitcoin #newmediaart

CoinMetrics

After reading the great article by @jpthor__ called Bitcoin’s True Market Dominance I realised I need to create a tool where I can follow relevance of various coins.

Relevance is computed by multiplying marketcap and trading volume of the coin.

No surprises here, Bitcoin is the most relevant coin.

Second is Ethereum, which is 8-times less relevant (12%). Third is Tether with 2.5% (40-times less relevant). There are two more coins (XRP and EOS) with relevancy more than 1% (100-times less relevant). Other coins are not even worth mentioning.

Table contains also another parameter which I found interesting: percentage of already minted coins (current supply divided by maximum supply).

Try it out for yourself by clicking on the image below:

coinmetrics