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The 29 cryptocurrencies with market caps of more than $1 billion

Graham RapierDec 19, 2017, 17:26 IST

Servers for data storage are seen at Advania's Thor Data Center in Hafnarfjordur, IcelandThomson Reuters

Cryptocurrencies have exploded in the wake of bitcoin's surge in price and resulting boom in popularity.

There are now 29 cryptocurrencies, including bitcoin, that have a market cap above $1 billion, according to CoinMarketCap.com. Business Insider has rounded up all of those digital coins into a single, cohesive list. These rankings are likely to change rapidly, given the volatility of cryptocurrency markets.

Last wee, the SEC warned that no digital tokens have been approved by government regulators to be sold as securities, and that investment "risks can be amplified" due to the nature of decentralized markets.

Here are all 29 cryptocurrencies with a market cap of at least $1 billion, as of December 18, 2017: