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Hi, I am Elaisa Joy Rogelio, I learned about cryptocurrency since 2017 and I started loving it then and I can share you some ideas about it!
What is cryptocurrency?
- It is a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You’ll need to exchange real currency for the cryptocurrency to access the good or service. Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security.
How many cryptocurrencies are there? What are they worth?
- More than 6,700 different cryptocurrencies are traded publicly, according to CoinMarketCap.com, a market research website. And cryptocurrencies continue to proliferate, raising money through initial coin offerings, or ICOs. The total value of all cryptocurrencies on April 13, 2021, was more than $2.2 trillion, according to CoinMarketCap, and the total value of all bitcoins, the most popular digital currency, was pegged at about $1.2 trillion.
- More than 6,700 different cryptocurrencies are traded publicly, according to CoinMarketCap.com, a market research website. And cryptocurrencies continue to proliferate, raising money through initial coin offerings, or ICOs. The total value of all cryptocurrencies on April 13, 2021, was more than $2.2 trillion, according to CoinMarketCap, and the total value of all bitcoins, the most popular digital currency, was pegged at about $1.2 trillion.
Best Cryptocurrencies by Market Capitalization
| Rank | Cryptocurrency | Ticker Symbol | Market Capitalization |
|---|---|---|---|
| 1 | Bitcoin | BTC | $1.2 trillion |
| 2 | ETH | Ethereum | $263.4 billion |
| 3 | BNB | Binance Coin | $87 billion |
| 4 | XRP | XRP | $81.8 billion |
| 5 | Tether | USDT | $45.4 billion |
| 6 | Cardano | ADA | $44.7 billion |
| 7 | Polkadot | DOT | $39.3 billion |
| 8 | Uniswap | UNI | $18.8 billion |
| 9 | Litecoin | LTC | $18.1 billion |
| 10 | Stellar | XLM | $14.9 billion |
If you want to invest in cryptocurrencies, you better choose the Top 100. Personally, it is risky to invest in it, but as long as you are having gains you can try it. There are 2 ways to make profits - through long term (holding) investment and through trading.
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Let us talk about cryptocurrency, the latest news, events and ideas. Learn from the veterans and get trading techniques, ask questions.
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