When people talk about cryptocurrencies, Bitcoin makes headlines, but there are thousands of other options for this digital currency. In fact, non-Bitcoin ciphers are usually considered “quite lost”, so-called “altcoins”, or alternatives to Bitcoin.
Bitcoin may be the first major cryptocurrency on the market and debuted in 2009, but many other cryptocurrencies are not as popular as the original, but are very popular.
It is the largest cryptocurrency by total dollar value of coins available either by market cap or market cap. Data from CoinMarketCap.com as of April 21, 2022.
1. Bitcoin (BTC)
Price: $ 42,539
Market capitalization: $ 807 billion
Bitcoin, which heralds the era of cryptocurrencies, is a coin commonly referred to as digital currency. The mysterious author, Satoshi Nakamoto, launched the currency in 2009 and has been on a roller coaster ever since. However, cryptocurrencies were not generally recognized until 2017.
2. Ethereum (ETH)
Price: $ 3,152
Market capitalization: $ 379 billion
Ethereum (the name of the cryptocurrency platform) is the second most recognizable name in the crypto space. The system can use Ethereum (currency) to perform various functions, but the smart contract aspect of Ethereum helps to make Ethereum a popular currency.
3. Tether (USDT)
Price: $ 1.00
Market capitalization: $ 83 billion
The price of tether is fixed at $ 1 per coin. This is due to the so-called stablecoin. For tethers, Stablecoin is associated with a particular asset in US dollars. Tethers often act as a medium when traders switch from one cryptocurrency to another. Instead of returning to the dollar, they use tethers. However, some people are concerned that Tether is not securely backed by the dollars they booked and instead uses unsecured short-term debt.
4. Coin Binance (BNB)
Reggae: $ 425.21
Market capitalization: $ 69 billion
Binance Coin is a digital currency issued by Binance, one of the largest cryptocurrency exchanges in the world. Originally created as a payment token for discount transactions, BinanceCoin can now be used to make payments and purchase a variety of goods and services.
5. USD coin (USDC)
Price: $ 1.00
Market capitalization: $ 50 billion
Like a tether, USD coins are stablecoins embedded in dollars. That is, its value does not have to fluctuate. The founders of the currency state that they are either backed by fully protected assets or have “equivalent fair value” and that the assets are stored in the accounts of regulated US institutions.
6. XRP (XRP)
Price: $ 0.7572
Market capitalization: $ 36 billion
Formerly known as Ripple, founded in 2012, XRP offers ways to pay in a variety of real-world currencies. Ripple helps with cross-border transactions and uses unreliable mechanisms to facilitate payments.
7.Solana (SOL)
Price: $108.73
Market capitalization: $36 billion
Launched in March 2020, Solana is a new cryptocurrency that demonstrates the speed of transaction completion and overall performance of the “webscale” platform. The issuance of a currency called SOL is limited to 480 million coins.
8. Terra (LUNA)
Price: $ 98.09
Market capitalization: $ 35 billion
Terra is a platform that uses the Luna currency to help block multiple stablecoins based on real currencies such as dollars and euros. Terra helps stabilize the price of Stablecoin through a variety of technical means and also supports smart contracts.
9. Cardano (ADA)
Price: $ 0.9596
Market capitalization: $ 32 billion
Cardano is the name of the currency, the cryptocurrency platform behind it. Developed by Ethereum co-founder, Cardano also uses smart contracts that enable identity management.
10. Avalanche (AVAX)
Price: $ 79.66
Market capitalization: $ 21 billion
Avalanche is a fast, low-cost smart contract-based blockchain platform focused on facilitating the building of decentralized applications and the creation of custom blockchains. Users can trade with the original AVAX token.
11. POLKADOT (DOT)
Price: $ 19.42
Market capitalization: $ 19 billion
Launched in May 2020, Polkadot is a digital currency that combines multiple cryptocurrency blockchain technologies. The co-founder of Ethereum was one of the inventors of Polkadot, and some industry observers wanted Polkadot to eliminate Ethereum.
12. DOGE
Price: $ 0.1414
Market capitalization: $ 19 billion
Dogecoin was originally created as a hoax after Bitcoin opened and was named after an internet meme featuring the Shiba Inu. Unlike many digital currencies that limit the number of coins available, Dogecoin is issued indefinitely.