Ethereum drops out of the top 50 in global asset market capitalization, currently ranked 56th

ETH1.22%

PANews January 31 News, according to the latest data from 8MarketCap, due to the decline in Ethereum’s price, its global asset market capitalization ranking has dropped seven places rapidly. It has now fallen out of the top 50 in global asset market capitalization, ranking 56th, behind companies like Coca-Cola. Data shows that Ethereum’s market value has decreased to approximately $304.06 billion, with a 24-hour decline of 8.62% and a 7-day decline of 14.71%.

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