In this blog, we take a look at the top 3 cryptocurrencies in terms of market cap and transactions. We look at the benefits of each and why you should buy it.
Ethereum (ETH)
Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications. It is one of the largest cryptocurrency platforms by market capitalization and has been well received by the industry. Ethereum was founded by Vitalik Buterin, who is a researcher and programmer working on Bitcoin Magazine. He wanted to develop a blockchain application that went beyond just payments.
Ethereum has been popular in the news lately due to its hard fork that created Ethereum Classic (ETC). While many people have opinions about this, it does show that Ethereum has a strong community behind it and they are willing to do what it takes to make sure that it remains viable in the future.
Ethereum is used for smart contracts and allows them to be written on the platform itself, which makes it easier for other developers to use them as well. Another reason why Ethereum is so popular is because they have an ICO (Initial Coin Offering) which was sold at $0.40 per token before rising up to $14 per token in just two months!
Bitcoin
The first cryptocurrency was Bitcoin, created in 2009. Since then, an enormous amount of cryptocurrencies have been created with some very specific purposes. Some are designed to be used in developing countries where the currency is unstable and people do not trust the banking system to store their money. Others are designed to be easy to use in lieu of credit cards or cash at shops or bars. The most popular ones, however, are simply used as an investment vehicle.
The market cap is a good way to determine which cryptocurrencies are considered the most important. Basically, it’s the total USD value of a cryptocurrency. This includes coins and tokens at their current price multiplied by the number of coins in circulation.
For example: Ethereum has a market cap of $23 billion dollars and there are 100 million ether tokens in circulation. The price for one ETH token is currently $230 dollars. Therefore its market cap is 100 million x 230 = 23 billion dollars.
Below you’ll find a list of the top 3 cryptocurrencies by market cap and transactions per day:
When it comes to cryptocurrencies, there are many opinions on the best and worst coins out there. There is a lot of heated debate about which currencies have the most potential and which are most likely to crash and burn. This is completely normal in any industry, especially one as young as crypto.
But while we can’t know exactly what will happen in the future, we can look at the past and present to get an idea of how things might play out. By observing which coins have been successful in the past, we can make educated guesses about their future. In this article, I’m going to look at the top 3 cryptocurrencies by market cap (as well as transaction volume) to see what sets them apart from the rest of the pack.
Bitcoin One of the hottest topics of discussion today is cryptocurrencies. Over the last few years, a debate has raged over whether or not digital currencies are the future of money. Despite the naysayers, it looks as though this new technology is here to stay.
Currently, there are nearly 1,000 different cryptocurrencies in existence with a total market capitalization of more than $150 billion. In this blog post, we take a look at some of the most popular cryptocurrencies and how they measure up in terms of market cap, value and transactions per day.
Bitcoin (BTC) Bitcoin is by far the most popular cryptocurrency in terms of market capitalization, with just under 50% of the total market cap. While bitcoin has had its share of problems, including several hacks and a recent split into two currencies, it’s still going strong. It also has a huge number of transactions per day, with over $1 billion worth of bitcoin changing hands every day.
Ethereum (ETH) Ethereum is currently second behind bitcoin in terms of overall market cap. It was launched in 2015 and is currently trading at just below $200 per coin. However, it features smart contract functionality which many believe will be revolutionary for both finance and other industries such as law and accounting.
Bitcoin is still the largest cryptocurrency by market cap, and remains the most popular digital currency in terms of volume traded, but there are many other coins that are worth closer inspection. The top three cryptocurrencies to watch in 2018 are Ethereum, Ripple and Monero.
Ethereum was founded as a crowdfunded project in 2014, and it promised a decentralized platform where smart contracts could be executed without risk of downtime or fraud. The overall value of Ethereum has increased more than 13,000 percent in 2017.
Ripple was started as an enterprise solution for banks to allow them to transfer money between each other instantly at low cost. It has grown more than 30,000 percent this year.
Monero is the most intriguing of the three due to a high level of anonymity that it offers its users. This feature is drawing attention from investors who believe cryptocurrency should offer privacy options unavailable with traditional funds or bitcoin.
Cryptocurrency has been gaining popularity recently as it seems to be the next big thing. People who have invested in cryptocurrencies have made significant profits. You may want to join them and make a fortune. If you are new to this, you may want to start by understanding which coins are worth investing in. In this blog, we will discuss three of the most popular cryptocurrencies on the market.
Bitcoin is the first cryptocurrency ever created. It was created in 2009 by Satoshi Nakamoto, a pseudonym for an unknown person or group of people. It is a decentralized digital currency that exists only online. It is not controlled by any government or financial institution, so it is not subject to inflation like fiat currencies (money issued by governments). Bitcoin can be mined or bought with real money from exchanges such as Coinbase and BTC-E.
Ethereum is a blockchain-based platform that allows developers to build decentralized applications (Dapps) on top of it. The most common application of Ethereum so far has been a smart contract system that allows people to trade Ethers (ETH) – tokens used within the network – without having to trust each other (or anyone else).
Ethereum was launched in 2015 by Vitalik Buterin and quickly gained popularity due to its unique features such as
If you’re new to investing in the stock market, chances are you’re not too familiar with stocks and how they work. But there’s no need to worry. We’ve put together a quick guide so that you can get started with your investments.
What it is: A stock is a small share of ownership in a company. Each stock represents a claim on the company’s assets and earnings. As you acquire more stocks, your ownership stake in the company becomes greater. Whether you say shares, equity, or stock, it all means the same thing.
Buying stocks means that you are becoming a shareholder of a company and, as such, you have partial ownership of that company. Investors who buy shares in a company effectively own an extremely small percentage of that business.
If the other investors sell their shares, or if the company does poorly and loses value, then your shares lose value as well. If the company does well and its value increases, then your shares increase in value along with it!