The most common are usually those with the highest market value. Of course, people already know about them, which is why they are into them. This market value is usually more than 10 billion dollars. This is the amount that investors have invested in crypto assets in the market. You can get the market value by multiplying the current unit price of the coins by the amount of the circulating supply. But this is not a math class. And before we delve into all the stats, let’s dive into the 10 most popular cryptocurrencies in 2022.
1.1 Bitcoin (BTC)
If you go by market cap, you can already guess that Bitcoin is at the top of our list. Besides, Bitcoin is more popular due to the fact that it was the first cryptocurrency. Created by Satoshi Nakamoto in 2009 as the first money without central authorities. The first fully decentralized system and the first successful application of blockchain technology. It looks to me like a star. And yes, that is true.
21 million supplies are programmed for distribution, of which 18.9 million are in circulation. Today, 1 Bitcoin is worth $42,557.00. It has a market capitalization of $801.7 billion and a trading volume of $29.1 billion. An asset similar to Bitcoin is Litecoin.
2.2. Ethereum (ETH)
The second most popular cryptocurrency to date is Ethereum (ETH)Ethereum was the first smart contract network if Bitcoin was the first payment blockchain. Released in July 2019 to support decentralized applications and smart contracts. The Eth2 upgrade currently works using the Proof of Work algorithm, and features a Proof of Stake mining model.
ETH prevents the blockchain from serving as a currency. Today, ETH is priced at $3,301.70 and has a market capitalization of $394.4 billion. Currently, about 119.2 million Ethers are in circulation, with unlimited supply. It is listed on most stock exchanges.
3.3 Binance Coin (BNB)
The third most popular coin is the native coin of the Binance exchange. Created using the ERC-20 standard. BNB is a useful token for settling transactions, listings, exchanges and other fees in the Binance ecosystem.
BNB was introduced in July 2017 and the initial coin offering lasted for a month. Of the total supply of 200 million, 31.8 million were burned as a deflationary mechanism. BNB is currently priced at $483.43. It has a market capitalization of $80.9 billion.
4. TEthereum (USDT)
Tether is one of the first and most popular stablecoins. It has a market capitalization of $78.7 billion and a trading volume of $56.4 billion. In July 2018, it peaked at $1.32. Now worth $1.00.
It was launched as RealCoin in 2014 and started trading in February 2015. The US dollar ropes are fixed, so they are not as volatile as most cryptocurrencies. It also reduces transaction costs and speeds up transaction execution. It is listed on many stock exchanges.
5.5 Sunshine (Sun)
“Ethereum Killer” was developed by Anatoly Yakovenko in 2017 as a fast, secure and scalable platform. We can support the creation of decentralized applications, NFT marketplaces, DeFi, and more. The blockchain works with Proof of Stake and Proof of History algorithms. Its native currency (SOL) has a market capitalization of $46.06 billion.
SOL reached ATH at $259.96 in November 2021. Today it is trading at $146.10 per sol. Currently, there are 313.5 million sols in circulation. It is used as a governance token for settling transaction costs and bets.
Listed on Huobi Global, KuCoin, Coinbase Exchange, and Binance.
6.6. Dollar coin (USDC)
USD Coin is the second most popular stablecoin after USDT. Launched by CENTER in 2018, it is also fixed in US dollars. Originally an ERC-20 token, it is now available on Algorithm, ASA, Solana SPL, and Stellar. It can be traded, held or used on dApps and DeFi.
It is currently valued at $1 but peaked at $1.17 in May 2019. It has a market capitalization of $45.1 billion and a trading volume of $2.7 billion. Currently in circulation $45.1 billion. They are located in DEX and CEX.
7. Cardano (ADA)
original cardano coinThere isIt is the seventh most popular coin with a market capitalization of $40.56 billion today. After a 59% reduction from A$3.09 in September 2021, the price is now $1.27. ADA allows Cardano blockchain users to carry out transactions and participate in governance across the network. You can also bet.
Cardano is the first blockchain to use the Ouroboros consensus algorithm. It was developed in 2017 by Charles Hoskinson and Jeremy Wood. Supports dApp development using ledgers and smart contracts. The blockchain contains a core, a payment layer and a computation layer, which support its operation.
8.8 Ripple (XRP)
like BTC, XRP Established to settle payments. This is a token for other services offered by XRP Ledger and Ripple Labs. Unlike most blockchains, verification is somewhat focused on Ripple. There is a list of nodes for which the user can validate the transaction.
XRP is used to carry out transactions in the XRP ledger. Today, the market capitalization is $0.77, and the market capitalization is $36.9 billion. ATH reached $3.40 in January 2018. At present, $47.6 billion is in circulation out of $100 billion that is being mined.
9.9 Polkadot (DOT)
polka on It was created in 2016 and launched in May 2020 by Robert Habermayr, Peter Chapin, and Gavin Wood. It prides itself on security, scalability, and decentralization. It works with a candidate Proof of Stake (NPoS) consensus mechanism.
DOT is its original cryptocurrency. It can be used as a bargain, bet, or a governance token. DOT is currently priced at $26.28, but reached ATH at $54.98 in November 2021. It has a market capitalization of $29.4 billion.
10.10. earth moon)
Terra is a blockchain that supports the creation of stablecoins. It can be traded and exchanged in different ecosystems or exchanges. Created by Terraform Labs. It is performed using the Delegated Proof of Stake (DPoS) Tendermint consensus algorithm.
The ecosystem consists of CHAI, Anchor Protocol, Terra Bridge, and Mirror Protocol. LUNA is a stabilization token for the stablecoin. The total supply of LUNA is less than 1 billion. The LUNA is priced at $80.47 as of today and has a market capitalization of $28.9 billion.
If you are looking for something stable Cryptocurrency These ten currencies are the best way to invest. It has a high market capitalization and has security advantages. But don’t believe my words. Before investing in cryptocurrency, do a thorough research and try to calculate your average spending.