Top 10 cryptocurrencies by market cap
Although Bitcoin was the first cryptocurrency to be established, there are now many more to choose from. Learn about the leading ten cryptocurrencies so that you may better diversify your holdings.
Those interested in learning more about cryptocurrencies should be aware of the market's main coins. With that in mind, we've generated a list of the top ten cryptocurrencies by market capitalization to assist you in making the best investing selections. Check it out!
1 - Bitcoin (BTC)
Bitcoin is the most popular cryptocurrency, ranking first. It was the first cryptocurrency to be released and is still the most well-known in the market. As such, it has the greatest market cap when compared to other cryptocurrencies. One Bitcoin is now worth $29,000 at the time of writing.
2 - Ethereum (ETH)
Ethereum is one of the greatest cryptocurrencies, coming in second only to Bitcoin. Ethereum, founded in 2015 by Vitalik Buterin, has received international acclaim, particularly as the leading platform for decentralized markets. This coin is now worth $1,800 per unit.
3 - Tether (USDT)
Tether is a stablecoin, which means that its value correlates to a central bank's currency. Tether's value is linked to the US dollar. Stablecoins are named for their consistent value, which means that USDT will always be worth $1.
4 - Binance Coin (BNB)
Binance Coin (BNB) is the native token of Binance, the largest cryptocurrency exchange. It allows users to trade on the platform and works as a utility token, giving them access to numerous services inside the Binance ecosystem, such as trading fee savings. Binance Coin is now worth $240 per unit.
5 - Ripple (XRP)
XRP, which arrived in 2012, has its own method for checking and confirming transactions. Its main goal is to allow digital payments globally, and it is frequently utilized in traditional payment systems, such as banks. One XRP unit is worth $0.6.
6 - US Dollar Coin (USDC)
USD Coin is yet another stablecoin whose value is tied to the US dollar. It was designed to make value transfer and integration between blockchain technology and existing financial systems easier. One unit of USD Coin equals one dollar.
7 - Dogecoin (DOGE)
Dogecoin is distinct in that it was inspired by the internet joke "Doge." It is one of the most popular memecoins, which are cryptocurrency based on internet phenomena. It has a market capitalization of around $10 billion. Dogecoin now costs $0.07 per unit.
8 - Cardano (ADA)
Cardano is a platform for smart contracts that enables developers to construct decentralized apps (DApps). These DApps run on the blockchain and are not centralized in any way. The native token ADA is worth $0.3 per unit.
9 - Polkadot (DOT)
Polkadot is a parachain platform that connects and shares data between blockchains. This allows several applications and services to run on the same network, which improves interoperability and scalability. One DOT is now worth $5.
10 - Solana (SOL)
Solana is a blockchain platform for scalable, decentralized applications. Solana, which was founded in 2017, seeks to facilitate the creation of features such as games, payments, NFTs, and streaming services. Solana is valued $24 per unit.
How can I purchase cryptocurrencies?
The most frequent way to purchase and sell cryptocurrencies is through a cryptocurrency exchange, often known as an exchange. There are centralized exchanges, which are run by a single firm, and decentralized exchanges, which are blockchain-based platforms that run simply on technology and do not require a central body. This article will help you select the right exchange!
Choose digitra.com if you want to use an exchange that prioritizes security and provides an easy-to-use interface! On digitra.com, new clients will get an instant but limited airdrop of 50 tokens. With the Trade to Earn program, every trade also earns you cryptocurrency cashback. Learn more about it and sign up for an account!
