Top 7 Cryptocurrency In The World — ExploitByte
Top 7 Cryptocurrency In The World — List of 10 Best Cryptocurrencies for safe and smart investment in crypto coins market which have the potential to make you rich with great returns.
The increasing demand for cryptocurrencies in the global market and the high ROI it generates must have raised your mind to invest in it as well. And it is also obvious that nowadays the discussions of the best earning from it have attracted everyone’s attention towards it.
As for the coins in the crypto market, there are more than 10000 crypto coins available here. However, still most people do not think of any other option than bitcoin to invest in it and in the absence of less information, they see all the beauty of the best cryptocurrencies in it. But the fact is that there are a lot of powerful Cryptocurrencies that can make you a profitable deal.
To remove this dilemma of yours, I have prepared a list of 10 Powerful Cryptocurrency Coins for you to buy on which investment can give you the best ROI. Before we start, it should be known that the market cap and current price related data given in this list is as of 4 November 2021 and it is normal to change in future at the time of writing this article.
Let’s start with this list of these 10 crypto coins,
Top 7 Cryptocurrency In The World
List of 10 Best Cryptocurrency in 2021
Top 7 Cryptocurrency In The World
BitCoin
Market Capital — $1,177,470,648,625
Current Price — $62,425.10
Undoubtedly, Bitcoin (BTC) is the first option when it comes to investing in Cryptocurrencies. This is the leader of cryptocurrency and in today’s time it is also its synonym. Launched by Satoshi Nakamoto in 2008, it is the world’s first cryptocurrency and today its price alone reflects its eligibility to be the best cryptocurrency.
This crypto coin is the digital currency with the highest liquidity value which is fully decentralized, global and peer to peer. Despite the volatility of the crypto market, this cryptocurrency coin is more stable than other coins. The demand and popularity of this digital currency is expected to grow more rapidly in the future. Even the acceptance of bitcoin by many companies for payment further strengthens its claim to be the best cryptocurrency to invest in.
Ethereum
Market Capital — $537,367,842,486
Current Price — $4,556.08
Ethereum is today the second largest cryptocurrency in the world according to market capitalization. It was started by a 20 year old young man Vitalik Buterin. Which was online in the year 2015 with 72 million tokens through crowd funding.
Ethereum is a decentralized software platform based on blockchain technology that uses an exchange for users to transact in a cryptocurrency called ether. If spoken in simple language, then it is a computer made up of many computers which look after each other. The main reason for it appearing in the list of 10 best cryptocurrency is its growth of 500% this year.
Top 7 Cryptocurrency In The World
Binance Coin
Market Capital — $92,968,439,042
Current Price — $557.8
Next in the list of 10 Best Cryptocurrencies of 2021 comes Binance Coin, which is currently the fourth largest cryptocurrency by market cap. It is a crypto coin working on Ethereum based blockchain technology. It is owned by the world’s largest cryptocurrency exchange Binance, which was launched in the year 2019 by the company’s founder Changpeng Zhao.
The identity of Binance coin is also made due to high transaction speed and its popularity speaks for itself as its current market price. Which is increasing rapidly day by day, due to which long term investment in this coin can prove to be a profitable deal for you. This digital currency has been officially accepted by many service providers such as hospital and travel industries.
Solana
Market Capital — $71,243,203,951
Current Price — $237.32
This cryptocurrency, which gives the fastest transaction speed in the world, has surprised even crypto experts with its quantum jump today. This digital coin, which was found in January 2021 at a price of only $1.86, is trading around $200, shocking everyone. It has registered a growth of over 550% in the month of August alone.
Solana has emerged as a big name in the crypto world today due to its growth and this crypto coin launched just last year has today become the sixth largest cryptocurrency in the world by market cap. According to crypto experts, there is a strong possibility of reaching the price of $500 by the end of 2021. If you are expecting a tremendous return in the short term, then Solana will be a great option for you.
Top 7 Cryptocurrency In The World
Thether
Market Capital — $71,443,421,603.00
Current Price — $1.00
Tether (USDT) is a digital currency that has the same value as the US dollar. Launched in 2014, the idea behind Tether was to create a stable cryptocurrency that could be used like a digital dollar or “stablecoin”. Tether is pegged to the US dollar price.
While Tether initially used the Bitcoin network’s Omni Layer as its transport protocol, Tether is now available on Ethereum as an ERC20 token. Overall, Tether is issued on the Bitcoin (both Omni and Liquid protocols), Ethereum, EOS and Tron blockchains.
Tether tokens are issued by Tether Limited, which shares a CEO with crypto exchange Bitfinex. Tether previously claimed that Tether’s currencies are backed by Tether reserves, but after Tether’s lawyers noted in 2019 that Tether, or a fractional reserve, had only 74% of backing, Tether noted that the total The definition of endorsement includes loans to affiliated companies.
Tether is used as a way to hedge against the volatility of the crypto market due to its stability. Since each USDT token is pegged to a dollar, holding money in Tether protects it from the general volatility of the cryptocurrency market. A large part of bitcoin trading is done in Tether for this reason, as it can be a fiat on- and off-ramp for crypto trading.
Top 7 Cryptocurrency In The World
Cardano
Market Capital — $67,690,639,875
Current Price — $2.10
Inspired by the name of Italian Polymath and Mathematician Gerolamo Cardano, this cryptocurrency is cheap and quickly gaining popularity. It was started in the year 2017 by Charles Hoskinson, who was also the co-founder of the crypto coins Ethereum and BitShares.
It works on “Ouroboros Praos protocol” based Blockchain technology which means to have 2 blockchains instead of one. In this, the job of one is to get the transaction done and the work of the other blockchain is to qualify smart contracts and identity. Due to this feature, it makes transactions many times faster than Bitcoin, Ethereum. According to Charles Hoskinson it uses the third generation blockchain while the first and second generation blockchains are Bitcoin and Ethereum respectively.
Ripple
Market Capital — $57,458,742,634
Current Price — $1.22
Ripple stands out from this list of the 10 best cryptocurrencies because of its far-reaching thinking. Ripple is a startup that facilitates payment transfer to banks, it is also a worldwide currency exchange network for financial transactions. It provides the facility of exchange of currency of different countries as well as gold and cryptocurrencies. It has also worked for large world-class banks including Bank of America.
Ripple (XRP) works on the cryptocurrency XRP Ledger which was jointly designed by Jed mccaled, Arthur Britto, Chris Larsen and David schwartz which was ranked among the 3 best cryptocurrency worldwide after its launch in 2012. However, due to the high supply, its price is still within reach of us like you and investing in it can give a great ROI.
Top 7 Cryptocurrency In The World
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Originally published at https://exploitbyte.com on November 5, 2021.