Blockchain Technology

Top 10 Cryptocurrencies in 2021

TOP 10 CRYPTOCURRENCIES IN 2021
Written by Pavan Malipatil

TOP 10 CRYPTOCURRENCIES IN 20211) Bitcoin

  •   It is the most popular cryptocurrency and widely adopted currency.
  •   It was created in 2009 by an unknown person or a group called Satoshi Nakamoto.
  •   It was supposed to be the cash of the future, but also you use it today to purchase goods and services.
  •   The most important part of bitcoin is that there will be no more bitcoins can be created, which makes it very special.
  •   It can be stored as gold to keep it for the long term which makes its value to be increased.
  •   Bitcoin Market Cap is around $821 billion as of today.

2) Ethereum

  •   Ethereum is the leader is known as the “smart contract” platform.
  •   It was founded by Vitalik Buterin in 2015 with bigger and broader ambition.
  •   The blockchain it runs is programmable in a decentralized way, this opens up many possible use cases from technology and finance to gaming and collectibles.
  •   Its Market Cap is around$353 billion as of today.

3) Tether

  •  Tether is the unique cryptocurrency in our top currency.
  •  It was launched in the year 2015 and it runs on the Ethereum platform.
  •   They are also known as “stable coins” because they are pegged to a traditional currency, in this case, the US dollar.
  •  For investors, it offers in two ways i.e to open blockchain technology and traditional currency.
  •  Its Market Cap is around $62.3 billion as of today.

4) Binance Coin

  •   It was launched in 2017 by Binance cryptocurrency exchange, it is the world’s largest crypto exchange platform in terms of volume.
  •   It is used to pay the transaction fee on the Binance exchange to trade on the other cryptocurrencies and to pay for some goods and services.
  •   Its Market Cap is around $50.6 billion as of today.

5) Cardano

  •   Cardano was founded in 2017.
  •   It’s another Ethereum-like contender for the top cryptocurrency crown.
  •   It is a blockchain platform that helps the application, system and real-life business use cases.
  •   It is unique because it is the first blockchain platform to evolve out of scientific philosophy and research is the first driven approach.
  •   Its Market Cap is around $45.4 billion as of today.

6XRP/Ripple

  •   XRP has the fame that it is the fastest digital asset, allowing real-time global payments anywhere in the world.
  •   XRP was launched in 2012 by a trio of developers.
  •   The easiest way to buy an XRP is on coinbase, binance or kraken.
  •   It is unique because it is, essentially, a for-profit platform.
  •   Its Market Cap is around $30.8 billion.

7) Dogecoin

  •   It is a fun and friendly currency.
  •   It was launched in 2013 by software developers Billy Markus and Jackson Palmer.
  •   Dogecoin is basically a bitcoin clone with a cute dog meme for a mascot.
  •   This coin has no real use, but it developed a growing fanbase for it and boosted its value to $0.40 today, making one of the top crypto performer.
  •   Its Market Cat is around $30.4 billion.

USD Coin

  •   USD coin is also called a stable coin like Tether because it’s linked with the US dollar.
  •   And indeed USD coin is unaffected by the recent termoil in the market.
  •   USD is also transparent, assuring its investors that they will be able to withdraw 1 USDC and receive $1 in return.
  •   Its current value is $1.
  •   Its Market Cap is $25.7 billion.

9) Polkadot

  •   The main goal of the Polkadot is to “enable a complete web were the user in control.
  •   It was launched in 2020, Polkadot is a flagship project of the swiss web3 foundation.
  •   Polkadot stitches different blockchains for enabling the transaction and exchange of information.
  •   Its current value is $16.68.
  •   Its Market Cap is $15.9 billion.

10) Uniswap

  •   It is a decentralized crypto exchange that runs on the Ethereum platform, the transaction fee must be paid in ETH.
  •   Uniswap helps in swap all different types of tokens but does not connect to the traditional financial network.
  •   Uniswap has another different feature i.e if own its token, then you have right to vote on the direction of the project development.
  •   It was launched in 2018.
  •   Its current value is $22.78.
  •   Its Market Cap is $13.3billion.

About the author

Pavan Malipatil

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