The world is in such a glut of technology options that it has become a nightmare to settle for any.
This is the case with cryptocurrency and that’s the reason this article is your tool for navigating pocket-busting cryptocurrencies and being able to choose your best.
If we start considering Bitcoin through Ethereum, Dogecoin, Tether, etc., we will likely be faced with thousands of amazing cryptocurrency options.
However, this makes it exasperating for new entrants venturing into the crypto world.
In this article, we have tried to help you by filtering about 10 top cryptocurrencies according to either the total value of such cryptos in the market or their market capitalization.
Recall that every country operates a central bank that invariably regulates the volume and age of local physical currencies (notes and coins) in circulation at every point.
However, a cryptocurrency is not a physical currency but a digital asset capable of circulation without regulation either by regional governments or their central banks.
Thus, cryptos have come to be accepted as digital legal tenders in their own rights.
As of the time of writing this article, there are about 22,174 estimated cryptocurrency projects to the tune of $809 billion in crypto value.
According to the latest ranking, the following are the top ten cryptocurrencies you need to look out for this year:
In this article, we want to review the key features of some of the above cryptos alongside other unlisted ones.
BTC’s market cap stands likely at $322.3 billion.
Created in 2009 by Satoshi Nakamoto, BTC enjoys the reputation of being the original cryptocurrency.
It runs on a blockchain, ledger-logging transactions powered across computers networked in their thousands.
Bitcoin is highly secure and safe from scammers owing to its condition of solving a cryptographic puzzle (proof of work) ahead of every transaction.
Ethereum’s market cap stands likely at $149.0 billion.
ETH is both a blockchain as well as a cryptocurrency and is a favourite of program developers owing to its potential apps such as the so-called smart contracts that automatically execute with conditions and non-fungible tokens (NFTs) met.
Binance Coin’s market cap stands likely at $39.3 billion.
BNB is a form of cryptocurrency that you can use to trade and pay fees on Binance including trading, payment processing, or even booking travel arrangements.
It can also be traded or exchanged for other forms of cryptocurrency, such as Ethereum or Bitcoin.
In summary, the above expose is only a guide serving to appetize only keen readers into researching further to make their decisions and choices.
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