Market Structure
March 12, 2019, 6:00PM EDT
• 4 min read

Diversification or glorified gambling? An analysis of the top 50 crypto assets

John Dantoni

Quick Take

  • Bitcoin and Ethereum combined have more than double the exchange volume of the following 48 crypto assets combined
  • The largest asset’s volume is 34 times as large as the tenth-largest
  • Blockchain Transparency Institute found that 80 percent of CMC’s top 25 BTC trading pairs have fake volume 
  • Dogecoin, the meme inspired cryptocurrency, has more than 11 times more active addresses than XRP this year

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