10. DOGECOIN (DOGE)
It started as a dog meme in 2013 by two software engineers Billy Markus and Jackson Palmer. Dogecoin gained popularity on Reddit and then Elon Musk’s tweet gave dogecoin a boost and dogecoin reached its highest value yet. Unlike bitcoin and other cryptocurrencies on the market, Dogecoin has no limit on the amount of dogecoin that can be created. Dogecoin has a market capitalization of around $ 31 billion which has maintained its 10th place in the crypto market.
9. USD COIN (USDC)
USDC is ranked ninth on our list because it has a market capitalization of $ 35 billion. USDC is decentralized and runs on Ethereum and its programmable blockchain allows developers to create many applications and tokens. USDV is known to be a very stable digital currency over the years and was formed with the vision of creating a digital currency that would not experience a very drastic price drop and would maintain stability.
8. POLKADOT (DOT)
Explaining Polkadot is not an easy task because it is known as the multi-chain of blockchain. Polkadot focuses on the issues with today’s cryptocurrencies like speed and security. Polkadot has a large market capitalization of around $ 40 billion. The Polkadot chain of blockchain relies on Relay Chain and Parachains. The broadcast chain is focused on maximum security and Parachains is focused on speed and reducing lags in cryptocurrencies.
7. XRP (RIPPLE)
It is one of the most stable cryptocurrencies on the market. It has maintained its market capitalization and value for a long time. XRP is different from other cryptocurrencies, XRP is the digital cryptocurrency for the products developed by Ripple or, for example, Ripple Labs. It works like SWIFT and its products are used for payments, asset exchange, and more. It offers a less complicated and safer way to get international money than others. It is used by a large network of banks and financial intermediaries. XRP has a market capitalization of around $ 50 billion and this is really insane. You can see that XRP has a long-term and stable cryptocurrency to invest in.
6. CARDANO (ADA)
Like other Cryptocurrencies, Cardano also works, in the same way, to store value and send or receive funds. It was founded in 2015 by Ethereum co-founder Charles Hoskinson. Cardon is also a public blockchain platform and decentralized open-source cryptocurrency. It has an internal Ada cryptocurrency that can facilitate peer-to-peer transactions. Cardano has a large market cap of $ 60 billion, which creates a positive mindset to invest in this cryptocurrency for the long term.
5. SOLANA (SOL)
Solana is also a decentralized blockchain that focuses on enabling user-friendly and highly scalable applications to the world. It was launched in 2020 and has provided investors with great returns. Ranked in the fifth position with a market capitalization of around $ 63 billion. Solana is also a programmable Blockchain and has a great capacity to store very small pieces of code, also known as smart contracts.
4. TETHER (USDT)
Tether is one of the most stable cryptocurrencies that holds an amount equivalent to US dollars. Stable currencies are those that track traditional currencies like the euro, US dollar, Japanese yen, etc. Tether is a good investment for those who don’t like a drastic change in the value of cryptocurrencies. It has a market capitalization of around $ 74 billion and the stability of the coin allows people to use it as a medium of exchange rather than being used as a medium of investment.
3. BINANCE COIN (BNB)
Binance is one of the largest cryptocurrency exchange platforms, preferred by most investors. Binance launched in 2017 and its starting price was just $ 0.10 and as of November 18, 2021, it is valued at $ 564 with a very large market capitalization of around $ 95 billion. Binance coin is a form of cryptocurrency that can be used to trade different cryptocurrencies and pay fees on the Binance exchange platform. Now, the Binance coin can also be used to book travel tickets, process payments, and trade cryptocurrencies.
2. ETHEREUM (ETH)
Everyone may have heard of Ethereum. It is the second most famous cryptocurrency and the second-highest for a market capitalization of around $ 495 billion USD. When you look at Ethereum’s market capitalization, only one word comes out “WOW”. Ethereum is a cryptocurrency and also a very popular blockchain platform. Ethereum was created by Vitalik Buterin in the times of July 2015 and its initial price was around $ 1 and as of November 18, 2021, it is valued at $ 4,173. If you are looking to invest in cryptocurrencies, Ethereum is one of the best options.
1. BITCOIN (BTC)
Everyone is familiar with Bitcoin, and for many people, Bitcoin is something of a synonym for cryptocurrency. Bitcoin is known as the original cryptocurrency or, let’s say, the first cryptocurrency created in 2009 by a programmer or a team of programmers. The original creator is still up for debate, but Satoshi Nakamoto is probably believed to be the original creator of Bitcoin. Bitcoin has the largest market capitalization with a whopping cap of around $ 1.12 trillion. Bitcoin introduced the world to cryptocurrency and as of November 18, 2021, its price is around $ 60,000. Bitcoin may be the best investment if you are not afraid of the drastic rise and fall of cryptocurrencies.
