10. Dogecoin (DOGE)
Current Market Cap: $17 billion
Making waves as the first meme cryptocurrency, Dogecoin started as a joke but is now backed by big names such as Elon Musk, Mark Cuban, Robinhood, popular sports teams, and even AMC theaters.
9. Cardano (ADA)
Current Market Cap: $25.7 billion
Cardano has the potential to be widespread because it can run a variety of popular, commonplace apps on its platform. Growth is not as significant as other coins, but it is better for the environment than more successful coins.
8. Terra (LUNA)
Current Market Cap: $27.1 billion
Terra stablecoins work uniquely to balance market fluctuations by tying its value to two coins: terra stablecoins and luna. Based on changes in their values, users sell one to buy the other and keep the two stable by linkage as a result.
7. XRP (XRP)
Current Market Cap: $28.2 billion
Showing impressive growth over the past year, XRP is unique in that it enables currency exchanges between digital currencies and also between various physical currencies.
6. Solana (SOL)
Current Market Cap: $28.7 billion
Considered by some to be the most popular cryptocurrency, Solana is the most user-friendly, enabling investors to transfer larger sums at far quicker speeds and keeping digital wallets safe.
5. U.S. Dollar Coin (USDC)
Current Market Cap: $49 billion
Due to its linkage to the US dollar, the U.S. Dollar Coin is Ethereum-based, relatively stable, and useful for transactions across the world.
4. Binance Coin (BNB)
Current Market Cap: $62 billion
This coin provides investors the greatest flexibility in usage and can be exchanged for other cryptocurrencies. It’s useful for booking travel, custom API keys, and custom investor charting, to name a few functions.
3. Tether (USDT)
Current Market Cap: $83 billion
Tether was created to withstand the normal volatility of cryptocurrencies by being linked to the USD. It is the most stable option for investment.
2. Ethereum (ETH)
Current Market Cap: $330 billion
Ethereum is based on the Ether blockchain. It is particularly innovative as it has the benefits of NFTs and ‘smart contracts,’ which have become platforms for other apps.
1. Bitcoin (BTC)
Current Market Cap: $718 billion
According to the creator of Bitcoin, Nakamoto, it was created to enable “online payments to be sent directly from one party to another without going through a financial institution.”
Data Source: https://coinmarketcap.com/