Bitcoin, Ethereum and Ripple: Here are the top 10 cryptocurrency right now
The first three tokens are based on healthy and promising products. Bitcoin and Ethereum are blockchain platforms, while Ripple is a payment protocol
Cryptocurrencies shook the Internet and the world of finance after the meteoric rise and gradual decimation of some of the major currencies such as Bitcoin. And over the last three years, global finance watchdogs have had to tidy up their policies as concerns about the misuse of cryptocurrencies increased with their popularity among the public.
Nevertheless, after a roller coaster ride that the crypto world went through in 2017, most currencies continue to have a lot of value.
Bitcoin, for example, continues to be the most valuable cryptocurrency, more than double the size of the next largest cryptocurrency, Ethereum. Ripple stands firmly in third position.
The three tokens are based on healthy and promising products. Bitcoin and Ethereum are blockchain platforms, while Ripple is a payment protocol.
The market capitalization of Bitcoin is $ 127 billion at the time of writing. It trades at an exchange rate of $ 7,422.
Similarly, Ethereum is trading at $ 584 with a market capitalization of $ 58 billion. One Ripple is valued at $ 0.64 and the market capitalization of the coin is greater than $ 25 billion.
Bitcoin Cash, a Bitcoin spread is the fourth most highly valued cryptocurrency with a market capitalization of $ 18 billion. EOS, based on a blockchain platform recently launched by the same name, completes the top 5 with a market capitalization of $ 11.8 billion.
The second half of the list of the 10 most important cryptocurrencies of the moment begins with Litecoin in sixth position. The market capitalization of peer-to-peer cryptocurrency is $ 6.6 billion.
Cardano and Stellar follow Litecoin with caps of $ 5.37 billion and $ 5.29 billion, respectively. Cardano is a blockchain platform for the ADA coin, and Stellar is a payment network like Ripple.
IOTA and TRON at ninth and tenth positions complete the list. IOTA is a futuristic payment method based on a system called "entanglement", which is different from blockchain. It is valued at $ 4.67 billion.
TRON aims to be a content distribution platform for the digital entertainment industry and is valued at $ 3.78 billion.