List of Crypto Assets with the Largest Capitalization Besides Bitcoin
Rancakmedia.com – Here are the crypto assets with the largest capitalization on the market and in recent years, cryptocurrencies or crypto assets remain a trendy issue. Last Monday, the bitcoin price reached 70,000 US dollars per chip, or 68,789.63 US dollars per chip to be precise. This amount is around Rp. 976.80 million. Currently there are more than 10,000 types of cryptocurrencies available globally.
According to Coinmarketcap, the global cryptocurrency market capitalization currently stands at 2.87 trillion US dollars. However, bitcoin continues to contribute half of this total, with a market value of US$1.24 trillion, or about 43.20 percent of the overall cryptocurrency market cap.
For those of you who are interested in investing in cryptocurrencies, it is a good idea to familiarize yourself with the different types of cryptocurrencies available.
Apart from Bitcoin, the following types of cryptocurrencies have the highest market capitalization:
Ethereum
Indeed, ethereum is a piece of software or software built on a blockchain network that is openly accessible or open source. The blockchain based program uses a crypto called ether.
Currently, ether has the largest market cap, currently US$558.08 billion, or 19.44 percent of the total cryptocurrency market value. Ethereum was created to expand the use of blockchain technology beyond bitcoin and to allow it to be used for a wider range of applications.
Unlike bitcoin, which has a finite amount, ethereum has an unlimited supply. At the time of writing, ethereum is currently trading at $4,706 per chip.
Binance Coins
Binance Coin is currently ranked third in terms of market value, with a total market value of USD 108.81 billion.
Binance Exchange is a trading platform crypto largest in the world in terms of volume traded. Binance Coin, or cryptocurrency BNB, was created as a way to reimburse transaction fees to platform users.
The total amount of BNB crypto assets is limited to 200 million. Unlike other cryptocurrencies, binance can only be exchanged with other cryptocurrencies.
Tethers
Tether is the third largest crypto asset by market cap. The tether market is currently valued at 73.91 billion US dollars. The price of Tether is pegged to the US dollar, which is why it is sometimes referred to as a stable currency.
The price of Tether is more stable than the prices of other cryptocurrencies which are very volatile because they are pegged to the US dollar. When it was created in 2014, the value of each chip was fixed at one dollar. Tether's highest price was around $1.32 in 2018.
Solana Solana is a fully functional open source project that enables solutions finance decentralized (DeFi) through the use of blockchain technology.
Solana
Solana was founded by Anatoly Yakovenko, the company's current CEO, and Greg Fitzgerald. Both previously worked at Qualcomm, a business developing software, semiconductors and services related to wireless technology. Solana's price has increased by more than 13,000 percent in the last year.
Solana is currently the fifth largest cryptocurrency in the world, with a market valuation of US$73.75 billion per chip. Solana is currently priced at US$242.73 and US$242.73 per chip.