Cryptocurrency (digital currency) is taking off this year. New millionaires are being made almost daily as Ethereum, Bitcoin, NEO, Litecoin, Ripple, Stratis, and other cryptocurrencies reach all-time highs. It is becoming somewhat of a modern-day gold rush.
Bitcoin is worth thousands of dollars. Ethereum is worth hundreds of dollars. For coins that were once worth only pennies, investors have made serious money in the past few years.
It should be noted here that I am an advocate of blockchain technology. But this article is not about investing. The application of blockchain technology is legitimate. Of course there will be winners and losers in any investment market; however, I believe that blockchain technology will survive long after many of today’s cryptocurrencies have disappeared into the history books.
The Top 10 Most Valuable Cryptocurrencies: A blog about the 10 most valuable cryptocurrencies out there.
The Top 10 Most Valuable Cryptocurrencies: A blog about the 10 most valuable cryptocurrencies out there.
Cryptocurrency is becoming more and more popular in today’s world. It allows people to send money through the internet with no middleman (banks). The following is a list of the top ten cryptocurrencies out of the over 1,300 that are available.
1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Ripple (XRP)
4. Bitcoin Cash (BCH)
5. EOS (EOS)
6. Stellar (XLM)
7. Litecoin (LTC)
8. Cardano (ADA)
9. IOTA (MIOTA)
10. TRON (TRX)
The Top 10 Most Valuable Cryptocurrencies:
Ripple is a real-time global settlement network that offers instant, certain and low-cost international payments. Ripple “enables banks to settle cross-border payments in real time, with end-to-end transparency, and at lower costs.” Released in 2012, Ripple currency has a market capitalization of $1.26 billion. Ripple’s consensus ledger — its method of conformation — doesn’t need mining, a feature that deviates from bitcoin and altcoins. Since Ripple’s structure doesn’t require mining, it reduces the usage of computing power, and minimizes network latency. Ripple believes that ‘distributing value is a powerful way to incentivize certain behaviors’ and thus currently plans to distribute XRP primarily “through business development deals, incentives to liquidity providers who offer tighter spreads for payments, and selling XRP to institutional buyers interested in investing in XRP.”
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. In many ways Ethereum is how the Internet was supposed to work. Free, open and uncensored.
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The Top 10 Most Valuable Cryptocurrencies:
1. Bitcoin (BTC)
2. Ripple (XRP)
3. Ethereum (ETH)
4. Bitcoin Cash (BCH)
5. Cardano (ADA)
6. Litecoin (LTC)
7. NEM (NEM)
8. IOTA (MIOTA)
9. Dash (DASH)
10. Monero (XMR)
The Top 10 Most Valuable Cryptocurrencies
By definition, cryptocurrencies are digital currencies which use cryptography to secure their transactions.
The first cryptocurrency ever created was bitcoin in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative.
Bitcoin and its derivatives use decentralized control as opposed to centralized electronic money/centralized banking systems. The decentralized control is related to the use of bitcoins block chain transaction database in the role of a distributed ledger.
An introduction to the top 10 most valuable cryptocurrencies according to market cap:
A cryptocurrency, or token, is defined as a digital asset that is designed to be a medium of exchange. Cryptographic techniques are then used to secure the transaction of the currencies and verify them. These currencies can be used to purchase goods and services online.
If you’re looking to invest in cryptocurrencies, you need to know what they are worth today. That’s why we’ve created this list of the top 10 most valuable cryptocurrencies right now. The coins on this list are ranked by their market cap value at the time of writing, but don’t forget that prices vary over time! Here’s how they stand as of November 9th, 2017.
10. NEO (NEO)
9. Litecoin (LTC)
8. NEM (XEM)
7. IOTA (MIOTA)
6. Monero (XMR)
5. Dash (DASH)
4. Ethereum Classic (ETC)
3. Ripple (XRP)
2. Ethereum (ETH)
1. Bitcoin (BTC)
TOP 10 CRYPTOCURRENCIES
1. Bitcoin
2. Ethereum
3. Ripple
4. Bitcoin Cash
5. Cardano
6. Litecoin
7. EOS
8. IOTA
9. Stellar Lumens
10. NEO