A fun fact about crypto is that the first known cryptocurrency was Bitcoin, which was created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. However, it wasn’t until 2011 that Bitcoin gained widespread recognition and began to be used as a currency.
Another fun fact is that the total market capitalization of all cryptocurrencies combined has grown from less than $20 billion in early 2017 to over $2 trillion in early 2021. This rapid growth has been driven by increased adoption and acceptance of cryptocurrencies as a legitimate asset class, as well as the emergence of new cryptocurrencies and blockchain-based applications. However, the value of cryptocurrencies can be highly volatile, and investors should exercise caution when investing in this space.