TOP 10 CRYPTOCURRENCIES THAT ARE HIGHLY RATED IN THE WORLD
These are the most invested and popular cryptocurrencies that are ruling the crypto market
Cryptocurrency is highly volatile at the same time popular and trending too. There are many cryptocurrencies such as Bitcoin, Ethereum to the latest Dogecoin in the crypto market. With so many cryptocurrencies in the market, it becomes difficult for investors to find the right one to invest in. And so we are here to provide you with the top 10 cryptocurrencies that are highly rated in the world along with their market capitalization.
Bitcoin (BTC)
Market cap: US$ 736.41 Billion
Bitcoin (BTC) is the most popular among all the other cryptocurrencies. It is highly valued, in spite of its volatility in the crypto market. Bitcoin was earlier created to be used as a digital payment system, but experts suggest that it is still volatile to be used for that in the present scenario.
Ethereum (ETH)
Market cap: US$ 314.75 Billion
Ether (ETH) is a cryptocurrency of the Ethereum network which is an open-source blockchain on which developers can build apps and other sorts of cryptocurrencies. It is the second most popular and largest cryptocurrency in the world after bitcoin. The value of Ether has been gradually increased over the past years.
Tether (USDT)
Market cap: US$ 61.99 Billion
Tether is a stable cryptocurrency, it is also backed by fiat currencies like US Dollar and the Euro. And so, it keeps a value equal to one of those denominations. Tether’s value is meant to be consistent than others, and it also favors investors who are wary of the extreme volatility of other coins.
Binance Coin (BNB)
Market cap: US$ 55.83 Billion
Binance Coin is a kind of cryptocurrency that can be used for trading and paying fees on Binance, which is the largest crypto exchange in the whole world. Binance has expanded its market since it got into the market. Now the Binance Coin can be used for trading, payments, booking travels, etc. The coin can also be exchanged for other kinds of cryptocurrencies.
Cardano (ADA)
Market cap: US$ 44.04 Billion
Cardano (ADA) is a cryptocurrency that uses a technology called Ouroboros, which is a peer-reviewed blockchain protocol. Cardano describes itself as a secure currency to maintain decentralization.
XRP (XRP)
Market cap: US$ 33.57 Billion
XRP is a cryptocurrency of the Ripple digital payment network. It was built for digital payment purposes. XRP is the fastest and efficient mode to power global payments. XRP and Ripple also allow third-party development on other uses for XRP.
USD Coin (USDC)
Market cap: US$ 27.59 Billion
USD Coin (USDC) claims to be the world’s digital dollar. It was created by a global financial company called Circle. It is the result of work that has been invested in Baidu, Goldman Sachs, and IDG Capital. USDC is more stable than other cryptocurrencies as it is tied to the US Dollar. And this is why it lends itself more towards digital payments.
Dogecoin (DOGE)
Market cap: US$ 26.06 Billion
Dogecoin has always been a hot topic in social media and among celebrities. It started off with a joke and is highly in demand in the crypto market. There is no limit on the number of Dogecoins that can be created unlike the other cryptocurrencies and so the value for it keeps increasing.
Polkadot (DOT)
Market cap: US$ 18.65 Billion
Polkadot (DOT) aims to allow different blockchain techs to exchange transactions and information among themselves. Its website plays up data and identifies security and users being in control.
Uniswap (UNI)
Market cap: US$ 13.70 Billion
Uniswap (UNI) is a decentralized crypto exchange that drives on Ethereum’s blockchain. Its developers promise to eliminate the unnecessary intermediaries, which gives users more control.
0 comments: