Top 10 Best cryptocurrencies to buy today

Zeeshan Hussain

Jul 11, 2023 • 5 min read

It might be intimidating when you first enter the world of cryptocurrencies because there are dozens of different cryptocurrencies, ranging from Bitcoin and Ethereum to Dogecoin and Tether. The top 10 cryptocurrencies, measured by market capitalization, the sum of the value of all coins currently in circulation, are listed below to help you gain your bearings.

For More Details Watch! https://www.youtube.com/watch?v=QknA8SxnnVs

1. Bitcoin (BTC)

Market cap: $322.3 billion

The first cryptocurrency was created in 2009 by Satoshi Nakamoto as Bitcoin (BTC). Like the majority of cryptocurrencies, BTC is powered by a blockchain, which is a distributed ledger maintained by a network of thousands of computers. Bitcoin is kept secure and protected from fraudsters due to the requirement that updates to distributed ledgers be confirmed by resolving a cryptographic puzzle, a procedure known as proof of work.

As it has gained popularity, the price of bitcoin has risen. One Bitcoin cost approximately $500 in May 2016. A single Bitcoin cost approximately $16,741 as of Jan. 3, 2023. That is an increase of 3,248%.

For More Details Watch! https://www.youtube.com/watch?v=QknA8SxnnVs

Related: How To Buy Bitcoin

2. Ethereum (ETH)

Market cap: $149.0 billion

Ethereum, a blockchain platform and cryptocurrency, is a favourite among programmers due to its potential applications, including so-called smart contracts that automatically execute when certain conditions are satisfied and non-fungible tokens (NFTs).

Additionally, Ethereum has grown dramatically. Its price increased by around 10,970% between April 2016 and the end of January 2023, from about $11 to about $1,218.

For More Details Watch! https://www.youtube.com/watch?v=QknA8SxnnVs

Related: How To Buy Ethereum

3. Tether (USDT)

Market cap: $66.2 billion

Tether (USDT), in contrast to certain other types of cryptocurrency, is a stablecoin, which means it is backed by fiat currencies like U.S. dollars and euros and essentially maintains a value equal to one of those denominations. Tether is appreciated by investors who are cautious of the severe volatility of other cryptocurrencies since, in theory, its value is intended to be more stable than that of other cryptocurrencies.

For More Details Watch! https://www.youtube.com/watch?v=QknA8SxnnVs

4. U.S. Dollar Coin (USDC)

Market cap: $44.8 billion

USD Coin (USDC), a stablecoin like Tether, aiming for a 1 USD to 1 USDC ratio and is backed by U.S. dollars. You may use USD Coin to perform international transactions because it is powered by Ethereum.

For More Details Watch! https://www.youtube.com/watch?v=QknA8SxnnVs

5. Binance Coin (BNB)

Market cap: $39.3 billion

One of the biggest cryptocurrency exchanges in the world, Binance, offers a cryptocurrency called Binance Coin (BNB) that you may use to trade and settle fees. Binance Coin has evolved since its introduction in 2017 to become more than just a means of executing trades on Binance's exchange platform. Nowadays, it can be utilised for trading, processing payments, or even making vacation plans. In addition, it is tradable or able to be swapped for other cryptocurrencies like Bitcoin or Ethereum.

The cost of BNB was only $0.10 in 2017. Its price increased by over 245,750% to about $246 by the end of January 2023, a gain.

For More Details Watch! https://www.youtube.com/watch?v=QknA8SxnnVs

Related: How To Buy Cryptocurrency

6. XRP (XRP)

Market cap: $17.44 billion

The digital technology and payment processing business Ripple was founded by some of the same founders as XRP, which may be used on that network to facilitate swaps of various currency kinds, including fiat currencies and other significant cryptocurrencies.

The cost of XRP was $0.006 at the start of 2017. Its price increased by around 5,770% as of Jan. 3, 2023, reaching $0.35.

For More Details Watch! https://www.youtube.com/watch?v=QknA8SxnnVs

7. Binance USD (BUSD)

Market cap: $16.5 billion

Paxos and Binance founded the stablecoin known as Binance USD (BUSD) to provide a cryptocurrency backed by the dollar. Paxos has enough US dollars to cover the whole supply of BUSD in order to preserve this value. Similar to other stablecoins, BUSD allows users and traders to transact with other crypto assets while reducing the risk of volatility.

For More Details Watch! https://www.youtube.com/watch?v=QknA8SxnnVs

8. Dogecoin (DOGE)

Market cap: $9.51 billion

A devoted community and innovative memes helped Dogecoin, which was infamously launched as a joke in 2013, grow into a well-known cryptocurrency. The currency is vulnerable to devaluation as supply rises because, unlike many other cryptocurrencies, Dogecoin has no cap on how many may be issued.

In 2017, the price of Dogecoin was $0.0002. Its price increased by almost 35,750% to $0.07 in January 2023.

For More Details Watch! https://www.youtube.com/watch?v=QknA8SxnnVs

9. Cardano (ADA)

Market cap: $8.8 billion

Cardano (ADA), a relatively newcomer to the cryptocurrency world, is remarkable for having embraced proof-of-stake validation early on. By eliminating the competitive, problem-solving element of transaction verification in systems like Bitcoin, this technique shortens transaction times while reducing energy consumption and environmental effect. ADA, Cardano's native token, drives smart contracts and decentralised apps, and it functions similarly to Ethereum in this regard.

Compared to other prominent crypto coins, the growth of the Cardano ADA token has been somewhat muted. The cost of ADA in 2017 was $0.02. It was $0.25 as of January 3, 2023. A gain of about 1,170% is represented by this.

For More Details Watch! https://www.youtube.com/watch?v=QknA8SxnnVs

10. Polygon (MATIC)

Market cap: $6.8 billion

A somewhat well-known cryptocurrency is Polygon, which was founded in 2017 and was once known as Matic Network. This network of blockchains is known as "Ethereum's internet." Perhaps this is the reason why MATIC supports more than 7,000 decentralised applications (dApps).

Since its initial release, Polygon has expanded enormously as well. When MATIC initially debuted, it cost $0.00263, which was its initial price. At $0.78 right now, MATIC has increased by nearly 29,700%.

For More Details Watch! https://www.youtube.com/watch?v=QknA8SxnnVs

1. Bitcoin (BTC)

2. Ethereum (ETH)

3. Tether (USDT)

4. U.S. Dollar Coin (USDC)

5. Binance Coin (BNB)

6. XRP (XRP)

7. Binance USD (BUSD)

8. Dogecoin (DOGE)

9. Cardano (ADA)

10. Polygon (MATIC)

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