 You are watching The Daily Decrypt. I'm Amanda, your host. Today's episode is brought to you by Dash. Have you ever wondered how much of a bite cryptocurrencies have taken out of fiat currencies? Using the metric of the US dollar, join us as we examine the total market capitalization in six-month snapshots starting in 2013. In April 2013, seven cryptocurrencies were listed at coinmarketcap.com. They were Bitcoin, Litecoin, Peercoin, Namecoin, Teracoin, Devcoin, and NovaCoin. Their total market cap was US$1.6 billion. Not bad for magic internet money, but what would the scene look like in six months? Fast forward to October 2013. The number of cryptocurrencies has quadrupled to 32 coins, with popular newcomers like Ripple, Primecoin, and Feathercoin. The 32 cryptocurrencies combined now have a market cap of US$2.3 billion. Fast forward again. It's April 2014. The 32 coins of six months ago have increased more than sevenfold to 237 coins. Newcomers Mastercoin, NXT, Blackcoin, and Dash have entered the top 10 list. Total market cap of all cryptocurrencies is now US$6.4 billion. Jump forward with me again to October 2014. The total number of cryptocurrencies has doubled into 504 coins. Dogecoin, Matesafecoin, and Counterparty entered the top 10 list. But for the first time in our six-month snapshots, the market cap goes down to 5.2 billion. Sponsored shout-out from Nautilus Coin, a currency which lives on the NXT blockchain. The Nautilus Coin team piloted an experiment last year on the Greek Isle of Agystry to study the potential of cryptocurrencies in places affected by massive banking failures. The team has plans to return to Greece this year to continue their outreach efforts with their financial software called Drakma. You can learn more about their efforts at Nautiluscoin.com. Enter April 2015. The creation of new cryptocurrencies slows down considerably with only 41 new coins in the last six months, now totaling 545. Stellar, BitShares, and BankShares enter the top 10 list. Total market cap of cryptocurrencies sinks lower still to $3.6 billion. Fast forward. Here's October of 2015. 14 new currencies have been added in the last six-month leap, totaling 559 cryptocurrencies. Ethereum is a newcomer to the top 10 list, and market cap goes up to $4.7 billion. And that brings us to today. We're not a full six months ahead, but just about half of that. Coin creation has picked up again, adding 122 coins in just the last three months for today's grand total of 681 cryptocurrencies. Coin market cap ranks today's top 10 as Bitcoin, Ripple, Litecoin, Ethereum, Dash, Dogecoin, Peercoin, Stellar, BitShares, and Madesafecoin. And today's total market cap is $7.3 billion. Cheers to Coin Market Cap, who freely provides all of the statistics we used in this video, as well as the daily decrypts fancy ticker you see below me. And now it's time for your predictions. How many cryptocurrencies will there be? Summer 2016. Summer 2017. What will they be worth? Which do you think will be on top? Or to get a more honest answer, which ones do you yourself own? Tell all below. Today's episode has been brought to you by Dash, a currency that you can mine at home, either with your home computer or with a GPU. Or if you're an investor, Dash's masternodes get paid just like miners to hold Dash as collateral and provide passive network services. You can learn more about how you can profit from getting involved with Dash at Dash.org. We're independent members of the LTV network. Check out our podcast there if you like. And have a good day.