The Massive Smackdown in Crypto Markets Is a Good Thing

The markets needed a giant clean-up!

Alvin T.
DataDrivenInvestor
Published in
6 min readMay 24, 2022

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Photo by Chris Chow on Unsplash

As I write this, the crypto markets are bleeding.

In October 2021, the total market cap of all cryptocurrencies was estimated at around 2.6 trillion USD.

Now, the total market cap of cryptocurrencies now sits at 1.28 trillion USD. Half of the total crypto…

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Sociologist-thinker-marketer in Tokyo. Editor of Japonica. Follow to read about life in Japan, modern society, and poignant truths infused with irony.