Here is the list of top 5 Cryptocurrency -
Wait.. lets go one by one, some interesting points about every cryptocurrency…
Bitcoin was the original cryptocurrency and is still the industry leader. So, the worlds largest cryptocurrency market capitalization is over $126 billion and the price per coin is over $7305. Around 17.1M BTCs are in circulation, according to coinmarketcap.com. All of this, despite past speculation that other cryptocurrencies will always be the first . It did not changed till now and wont change in past 10 years.
Bitcoin cash, a branch of bitcoin that was created as a result of a hard fork, is ranked 2nd in our list . with a market price of $843 per coin and a circulation of slightly over 17.2M BCH, this digital currency has a market valuation of almost $14.5 billion.
RIPPLE
Ripple is a digital payment network and system based on the block chain, with its own money, XRP.
Rather that using blockchain mining, ripple confirms transactions via a consensus mechanism involving a consortium of bank owned computers. The overall number of XRP in circulation, on the other hand, is quite large. There are currently more than 39 billion token in circulation.
ETHEREUM
On my list of cryptocurrencies by market size , Ethereum , the digital token that sparked the growth of the initial coin offering (ICO) rank's 4th . It is far small than bitcoin, with a market capitalization of just $50 billion and a trading price of around $500 per token.
EOS
EOS, with a market cap. of $7.53 billion and a total circulation of more than 896 million token, rounds out the top 5. Currencies surged in value, interest , and number, only to plummet again before labeling off. Every week, new digital currencies are introduced to investors & a slew of blockchain-related firms have followed in their wake, frequently boosted by large fundraising effort's.
CONCLUSION
The development of bitcoin has spurred a debate over its and other cryptocurrencies futures. Despite recent challenges , bitcoin popularity since its inception in 2009 has encouraged the development of rival such as Ethereum, lite coin , ripple etc.
A cryptocurrencies that seeks to be a part of the mainstream financial system would have to meet a variety of requirements. While that likelihood is remote , there is little doubt that bitcoin`s success or failure in coping with the challenges it faces will have a significant impact on the fortunes of other cryptocurrencies in the coming years.
