Largest cryptocurrencies
Largest cryptocurrencies
As of 2024, the largest cryptocurrencies by market capitalization are as follows:
1. Bitcoin (BTC):
Market Cap: Over $500 billion
Bitcoin is the original and largest cryptocurrency, often considered a "store of value" or "digital gold."
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2. Ethereum (ETH):
Market Cap: Over $200 billion
Known for its smart contract functionality and decentralized applications (dApps), Ethereum remains the second-largest crypto.
3. Tether (USDT):
Market Cap: Around $80 billion
Tether is a stablecoin, pegged to the US dollar, and widely used for trading and transactions in the crypto market.
4. BNB (Binance Coin):
Market Cap: Around $35 billion
Originally created as a utility token for the Binance exchange, BNB has grown to power the Binance Smart Chain ecosystem.
5. USD Coin (USDC):
Market Cap: Around $30 billion
Another stablecoin, USDC is used in many DeFi protocols and for stable transactions.
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6. XRP (Ripple):
Market Cap: Around $25 billion
XRP is designed for fast, cross-border payments and has partnerships with many financial institutions.
7. Solana (SOL):
Market Cap: Around $20 billion
Known for its high transaction speed and scalability, Solana has become a popular platform for decentralized applications.
8. Cardano (ADA):
Market Cap: Around $15 billion
Cardano aims to provide a secure and scalable blockchain through its proof-of-stake consensus mechanism.
9. Dogecoin (DOGE):
Market Cap: Around $10 billion
Originally created as a meme, Dogecoin has gained significant popularity and use as a tipping and payment method.
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10. Toncoin (TON):
Market Cap: Around $8 billion
The native token of The Open Network (TON), supported by Telegram, Toncoin is gaining popularity for its integration with decentralized applications and services.
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