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At first I thought that quoting the total market cap of all cryptocurrency markets (or the big ones at least) would answer your question. But after reading agai
by kaycebasques 5y ago
At first I thought that quoting the total market cap of all cryptocurrency markets (or the big ones at least) would answer your question. But after reading again I think that you're asking a different question and I'm not sure if total market cap explains it, or whether it's even possible to calculate.
For a toy example, suppose there's only 200 coins of XCoin. Person A buys 100 coins for $1 each ($100 total). Person B buys the remaining 100 coins for $100 each ($10000 total). The total amount of USD put into the system is $10100 but the market cap is $20000.
To get the value you're looking for I think you would need to get the cost basis of the last transaction for every coin in existence.