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Thursday, December 6, 2018

Top 5 Cryptocurrency

Bitcoin is the leading digital currency in the crypto world, which has grown hugely over the past year. But it has also seen tremendous volatility in its value. Still, a different number of cryptocurrencies have emerged recently to make it on the top 5 cryptocurrency list.

Among the world of virtual currencies, volatility tends to move up and down so sharply. Volatility might be due to several other factors including the cryptocurrency trend. Bitcoins remains the largest digital currencies by leading the market with higher price among the other currencies available in the market.

1. Bitcoin – BTC

Bitcoin is the initial cryptocurrency and it still remains the leader of cryptocurrencies. As of date, the market cap of this digital currency is more than $125B, with a coin costs more than $6,000.

2. Ethereum – ETH

Ethereum the subsequent digital token prompted the sharp rise in the initial coin offering (ICO). It stands in the second spot on our list of cryptocurrencies by market capitalization. It is quite smaller when compared to bitcoin in terms of market cap. It trades at a price of about $500/token. The stable nature of ethereum trend has been very well received in the crypto world.

3. Ripple – XRP

The number three slot goes to the much-hyped Ripple. Total market cap of Ripple is more than $19.8B. Unlike Bitcoins and Ethereum, the price of XRP token is small. As on date, it’s little over 50 cents/token. But, the total number of XRP tokens in circulation is bit higher. Ripple trend in recent days has been pretty decent and consistent.

4. Bitcoin Cash – BCH

Bitcoin cash stands in fourth position when we rank them. Total market capitalization of this digital coin is about $14.5B, with a coin price of $843/coin and a total of just over 17.2M BCH.

5. EOS – EOS

EOS takes the fifth position in our list, with a market capitalization of $7.83B and a total circulation of little above 896M tokens.

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