Proving the non-believers wrong time and time again, crypto currency market is now worth more than $3 trillion. The decade old market for digital assets has quadrupled from its 2020 year end value.

Thanks to established tokens such as Bitcoin and networks like Ethereum and Solana which made a pathway to other coins to upgrade and attract new functionality in the cryptocurrencies.

The top most crypto coins, Bitcoin and Ethereum rose to push the complete market capitalization to $3 trillion. Adding to it the third- and fourth-biggest tokens, Binance Coin and Solana, have added more than 20% in the past seven days.

Even the memecoins like Dogecoin and Shiba Inu attract the attention of investors with their capabilities to even increase 100x value. Even the new coins termed as ‘sh*tcoins’ rose tremendously making huge wealth for investors.

The current rally of Bitcoin came after the US trading debut of Bitcoin-linked ETF. Ben Caselin, head of research and strategy at crypto exchange AAX said, “With Shiba and other memecoins having surged recently, and Facebook’s rebranding to Meta, interest in altcoins continues to rise.”

Katie Stockton, founder and managing partner of Fairlead Strategies, in a note stated that, “Bitcoin appears to be pushing out of a bullish flag pattern, and Ether is likely to confirm a long-term breakout on a close above resistance this Friday.”

Many investors, analysts and experts expect the cryptocurrency rally to continue further more.

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