When it comes to cryptocurrencies, Bitcoin gets all the attention, but there are practically thousands of other possibilities. In fact, cryptos that aren’t Bitcoin are commonly referred to as “altcoins,” or alternatives to Bitcoin.
Bitcoin was the first major crypto to hit the market (in 2009), however, a slew of others have subsequently gained traction, though not to the same degree as the original.
The leading crypto by the total dollar value of coins in circulation (market capitalization) are listed below:
Bitcoin (BTC)
The live Bitcoin price today is $30,536.33 USD with a 24-hour trading volume of $24,085,454,492 USD
Bitcoin is still the coin that people refer to when they talk about virtual currency because it was the forerunner of the cryptocurrency era.
The currency was launched in 2009 by its mystery creator — purportedly Satoshi Nakamoto — and has been on a roller-coaster ride ever since. Bitcoin only became widely recognized in 2017.
Ethereum (ETH)
The live Ethereum price today is $1,819.89 USD with a 24-hour trading volume of $13,998,986,581 USD.
The second term you’re likely to remember in the crypto realm is Ethereum, which is the name for the cryptocurrency platform.
Ethereum’s smart contract functionality contributes to its appeal. The system allows you to spend ether (the currency) for a number of purposes.
Tether
The current price of Tether is USD $1.00 with a 24-hour trading volume of $30528896533.
Tether is now priced as $1 per coin. This is as a result of it being a stabecoin. These stablecoins are coins that are linked to the value of a specific asset, such as the US dollar in Tether’s case.
When traders switch from one crypto to another, Tether is frequently used as a bridge. Some individuals are concerned, though, since Tether isn’t guaranteed by dollars held in reserve and instead relies on unsecured debt.
USD Coin (USDC)
The live price of USDC is $ 1.000382 per (USDC / USD) today with a current market cap of $ 53.86B USD
USD Coin is also a stablecoin whose value is fixed in relation to the dollar. According to the currency’s creators, the money is supported by fully preserved assets or assets with “equal fair value,” which are stored in accounts with regulated US institutions.
Binance (BNB)
The live price of BNB is $ 291.75 per (BNB / USD) as of writing this article with a current market cap of $ 47.64B
Binance is a cryptocurrency created by Binance, one of the world’s largest digital currency exchanges.
Binance Coin, which was originally designed to pay for discounted transactions, may now be used to make payments as well as purchase a variety of goods and services.
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