Today we are here bringing the top 10 cryptocurrencies of the world based on their market capitalization. As of today’s world, cryptocurrency has become most popular as an investment part. Many of us have the eagerness to learn about top-ranked cryptocurrency and its market cap value. So, go through our below exclusive article, where you are getting a list of the largest cryptocurrencies to make money.
Top 10 Cryptocurrency 2024
While talking about the top-ranked cryptocurrencies, Bitcoin stands first in the row. It is not only large but also has a high value in the market. Look through the complete list to learn more.
1. Bitcoin (BTC)
Market Cap: Over $2 Trillion
Bitcoin is the most popular currency compared to other currencies of the world. The market cap of this currency top $2trillion, and it is taking advantage of the first cryptocurrency. It runs on Blockchain. Thus, it is quite safe from fraudsters. Its using span is so long that it can cross any giant platform of the world.
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2. Ethereum (ETH)
Market cap: Over $361 billion
After Bitcoin, Ethereum is a highly popular currency worldwide, which market cap is topping around US$300 billion as of today’s date. The currency is mostly popular to program developers as it is running on the support of blockchain’s smart contracts. For this, it is used in a massive number of applications. Moreover, it is completely perfect for featuring non-fungible tokens (NFTs).
3. Tether (USDT)
Market cap: Over $80 billion
This currency stands after Bitcoin and Ethereum on the list. For being so popular, the market cap of this currency is hovering around $80 billion. It is considered a “crypto-dollar” as the currency’s asset is the U.S. dollar. Also, as with other currencies, the value of this currency is enough stable and consistent.
4. Binance Coin (BNB)
Market cap: Over $68 billion
Binance Coin (BNB) ranks as the No. 4 most popular cryptocurrency globally. Its market cap value is around US$68 billion. This cryptocurrency is issued by Binance. Also, it operates on discounts, and the investors get enough discounts while transacting. Currently, it is used for buying various goods and services.
5. U.S. Dollar Coin (USDC)
Market cap: Over $53 billion
U.S. Dollar Coin (USDC) is the fifth-most-popular digital coin on the market. As like Tether, it is also a stable and more consistent coin compared to other digital coins worldwide. This cryptocurrency is powered by Ethereum, which is backed by one dollar or asset with equivalent fair value.
6. XRP (XRP)
Market cap: Over $40 billion
In 2012 the currency was created by the same founders as Ripple, that is a digital technology and payment processing company. It is regarded as the 6th best cryptocurrency to buy in 2024. The currency offers some best ways to pay in other real-world currencies.
7. Terra (LUNA)
Market cap: Over $34 billion
Terra is also on the list of highly famous digital currencies globally. It is programmable money that is available on all leading blocking platforms. Moreover, it is enough easier to invest and more attractive to hold. As for being a blockchain payment platform and support by the smart contract, it assists in stabilizing the price of stable coins on the basis of several technical means.
8. Cardano (ADA)
Market cap: Over $33 billion
The currency is one of the most popular cryptocurrencies of the world, which is created by the same founder of Ethereum. It operates in all smart contracts. Also, this currency works on decentralized applications that are powered by its native coin ADA.
9. Solana (SOL)
Market cap: Over $33 billion
After Cardano, Solana ranks on next on the list of top 10 cryptocurrencies of the world. It is developed to enable smart contracts decentralized apps. As of today’s date, the market cap value is topping up to $33 billion. SOL is its native currency.
10. Avalanche (AVAX)
Market cap: Over $22 billion
The currency is powered by its native currency, AVAX. It is ranked on 10 as one of the best cryptocurrencies in the world. In 2020, it was created to execute and enable smart contracts. The currency is effectively fast and low-cost and also highly focused on building decentralized applications.
Wrapping Thoughts
Hopefully, our comprehensive discussion has enough befitted to you if you are planning to invest in the crypto world. Thank you for being with us.
