Top 10 Cryptocurrency List
Check top 10 cryptocurrencies in the market and honourable mentions with market change and latest update.
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Top 10 Crypto Everyone Needs to Know
#1
BITCOIN (BTC)
Interest in bitcoin is surging in 2020 as it has regained its losses and pushed past its previous all-time high. Bitcoin has now surpassed its last all-time high of $19,783 and has pushed to over $23,000 as of Dec. 17, 2020. In retail adoption Bitcoin is the ruler, leading to the recognition as a means of payment for all other cryptocurrencies. Despite an exceedingly competitive field of rivals, the BTC has considerable growth ratings down from its all-time high of over $23,000 per Bitcoin.
#2
ETHEREUM (ETH)
Ethereum had a great start earlier this year along with the successful launch of Ethereum 2.0 that further boosted its value in the crypto market. The statistics show that over 21K validators and over 674K have Ethereum already staked with it. These validators are using it smoothly and the blocks are surpassing each other without any interruption too.The major advantage of Ethereum was that it was robust, easy to use, decentralized, secure, and overall had proved to everyone that it is staying in the market for a long time now. It is proving its worthiness at each step of the dominant financial kingdom.
#3
CARDANO (ADA)
Cardano is a crypto-currency "Ouroboros proof-of-stake" developed by research experts, engineers and mathematicians. Charles Hoskinson, one of Ethereum's five founding members, co-founded the project. He left and helped establish Cardano after having some differences in the direction Ethereum took. With extensive experimentation and peer-reviewed analysis, the team behind Cardano developed its own blockchain. More than 90 papers on blockchain technology were published by the researchers ongoing on a variety of subjects. The foundation of Cardano is this analysis.
#4
TETHER (USDT)
To most people’s surprise, the large-cap digital currency with the most rapidly-growing market cap this year is Tether (USDT), not Bitcoin or Ethereum. Tether is growing at a staggering rate – with a market capitalization of over $10 billion. At the start of 2020, Tether’s market cap was $4.1 billion. This means that it’s seen a growth of approximately $6 billion in just over 6 months. Tether enables users to enjoy the benefits of both blockchain technology and fiat currency. Another benefit of Tether USDT is the fact that it can be transferred quickly. USD tether or USDT is a cryptocurrency that tries to mirror the US dollar on a 1:1 basis.
#5
LITECOIN (LTC)
Litecoin boasts a faster transaction time than Bitcoin. Long-term investors in LTC have been rewarded with up to 20x returns, although a spike in late December 2017 sent the price of LTC to over $350. When looking at Litecoin, a cryptocurrency that has a much smaller market capitalization compared to Bitcoin, the volatility experienced in late November was more profound.
#6
RIPPLE (XRP)
Ripple, in addition to being a cryptocurrency, is also a payment system. XRP has been showing rapid progress throughout its lifetime, and its price has seen a substantial improvement.
It is one of the four cryptocurrency leaders, along with Bitcoin, Ethereum, and Tether. This reality alone helps one look at the Ripple project more closely. Ripple is being used in the real world today, showing signs of future adoption within the financial market community.
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#7
BITCOIN CASH (BCH)
Bitcoin cash (BCH), which is one of the early and best-selling hard forks of the original Bitcoin, has a significant role in the development of altcoins. In the world of cryptocurrencies, conversations and discussions between developers and miners end in a fork. Since digital currencies are decentralized, wholesale modifications to the code underlying the token or coin must be made based on a consensus; the mechanism of the process will differ according to the individual crypto-month. When various factions cannot agree, the digital currency often is fragmented and the original chain stays true to its original code.
#8
STELLAR (XLM)
Stellar is an open blockchain network designed to provide business solutions for large transactions through the connection of financial institutions. Huge transactions, usually taking several days, between banks and investment companies and costing a great deal of money, can now virtually immediately be completed without intermediaries, costing little to nothing for the transactions' people. Although Stellar has set itself up as an institutional transaction company blockchain, it is still an open blockchain that anybody can use. The framework makes transactions between currencies possible across borders.
#9
CHAINLINK (LINK)
Chainlink is an oracles network, which links the distance between intelligent and external contracts such as those at Ethereum. Blockchains themselves are not able to connect in a secure way to external applications. Chainlink's decentral oracles allow intelligent contracts to communicate with external data to enforce contracts based on data to which Ethereum itself cannot relate. The blog of Chainlink discusses many applications of its framework. The monitoring of water supply for contamination or illegal syphoning in some cities will be one of the several uses explained.
#10
MONERO (XMR)
The currency of Monero is secure, private and untraceable. This open-source cryptocurrency was released by the cryptographical community and enthusiasts in April 2014. This cryptocurrency is built entirely based on donations and is powered by the community. Monero has been implemented with a strong emphasis on decentralization and scalability and allows absolute privacy by using a special "ring signatures" technique.
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