Although it is still in a short-term bearish trend, investor interest in cryptocurrencies is still quite high at this time. This time, we gonna talk about 5 most popular crypto assets.
Globally, there are around 5,000 more cryptocurrencies currently traded. However, of the more than 5,000, five of them are quite well-known among investors, with of course a fairly large market capitalization and quite high liquidity.
Thus, Quoting from CoinMarketCap, here is a summary of 5 crypto whose market capitalization has moved in recent times.
Currently, the price of one Bitcoin is priced at around US $ 33,000 per coin. While the current market capitalization of Bitcoin reaches US $ 615 billion.
Bitcoin is one of the most popular and most traded cryptocurrencies. The growth in the value of this crypto asset continues to increase, although the price is still weakening.
Since it first appeared, Bitcoin has been targeted to enter on a global trade scale including peer to peer to be used as digital cash, so the demand is high.
Often referred to as an alternative cryptocurrency, Ethereum is actually the name of the blockchain, while the name of the digital coin is Ether. But crypto investors are more familiar with Ethereum.
Currently, one Ethereum is valued at around $2,400 per coin. The Ethereum crypto asset is widely traded and disbursing funds is relatively easy.
Meanwhile, from its market capitalization, Ethereum occupies the second position with revenues of US $ 283 billion.
Ethereum is a digital currency with a smart contract concept that allows developers to release applications on smartphones.
Binance Coin (BNB)
Currently, the market capitalization of Binance Coin is US$ 52.5 billion. The price of Binance Coin is currently US$ 339/coin.
Binance Coin was published by Binance Exchange from June 26 to July 3, 2017. The digital coin with the code BNB is traded through the same blockchain as Ether, namely Ethereum with the ERC-20 token type.
According to Investopedia, Cardano is the world’s first blockchain with a more efficient system.
As of May this year, Cardano ranks 7th in the market with prices continuing to be high and being the safest cryptocurrency to date.
The market capitalization of this digital coin with the code ADA reaches US $ 38.3 billion. The price of one Binance Coin is currently priced at US$ 353.39/coin.
Dogecoin was first created by Billy Markus and Jackson Palmer in December 2013. The Dogecoin logo was created from a dog breed from Japan, Shiba Inu. At first, Dogecoin was created on the basis of a joke, as if to ridicule Bitcoin, which was on the rise at that time.
Now, Dogecoin is favored by most crypto investors because the price is still very cheap for one coin. The price of one Dogecoin is now priced at US$ 0.33/koi.
As for its market capitalization, Dogecoin currently reaches US$ 42.3 billion.