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."
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.
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.
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.
Market caps fluctuate frequently, so it's essential to check up-to-date information through sources like [CoinMarketCap](https://coinmarketcap.com/) or [CoinGecko](https://www.coingecko.com/).
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