Hi,
Im wonder how far can we go with the total marketcap.
Last year we had 100+ billion. Now we have 700+ billion.
How far can we go?
Why do you put so much emphasis on market capitalization? It really doesn't matter. Market capitalization is merely a way to compare the value of two assets that are not equal.
This might sound ridiculous but there is a chance market cap isn't truly increasing.
The wealth is shifting, but so is Market Cap of the entire cryptocurrency market. See, the demand is elastic, meaning that if you sell fiat for Bitcoin, someone does buy that fiat and its value is preserved. Additionally, you buy cryptocurrency and increase its value every so slightly. So market capitalization is increasing.