Top 10 cryptocurrency in julysteemCreated with Sketch.

in cryptocurrency •  last year 

From Bitcoin and Ethereum to Dogecoin and Tether, there are thousands of different cryptocurrencies, making it overwhelming when you’re first getting started in the world of crypto. To help you get your bearings, these are the top 10 cryptocurrencies based on their market capitalization or the total value of all the coins currently in circulation.

  1. Bitcoin (BTC)

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Market cap: $590.8 billion
Created in 2009 by Satoshi Nakamoto, Bitcoin (BTC) is the original cryptocurrency. As with most cryptocurrencies, BTC runs on a blockchain, or a ledger logging transactions distributed across a network of thousands of computers. Because additions to the distributed ledgers must be verified by solving a cryptographic puzzle, a process called proof of work, Bitcoin is kept secure and safe from fraudsters.

  1. Ethereum (ETH)
    *Market cap: $229.5 billion
    Both a cryptocurrency and a blockchain platform, Ethereum is a favorite of program developers because of its potential applications, like so-called smart contracts that automatically execute when conditions are met and non-fungible tokens (NFTs).

  2. Tether (USDT)
    *Market cap: $83.4 billion
    Unlike some other forms of cryptocurrency, Tether (USDT) is a stablecoin, meaning it’s backed by fiat currencies like U.S. dollars and the Euro and hypothetically keeps a value equal to one of those denominations.

4.Binance Coin (BNB)
*Market cap: $37.2 billion

  1. U.S. Dollar Coin (USDC)
    *Market cap: $27.7 billion

  2. XRP (XRP)
    *Market cap: $24.9 billion

  3. Cardano (ADA)
    *Market cap: $10.0 billion

  4. Dogecoin (DOGE)
    *Market cap: $9.4 billion

  5. Solana (SOL)
    *Market cap: $7.5 billion

  6. Litecoin (LTC)
    *Market cap: $7.5 billion
    Litecoin is one of the original altcoins, designed to improve several of Bitcoin’s perceived shortcomings, such as slow transaction processing speeds and mining monopolies.

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