Major cryptocurrencies include Bitcoin, Ethereum, Binance Coin, Cardano, and Dogecoin, with market capitalizations ranging from over $1 trillion to over $40 billion.
There are thousands of cryptocurrencies in existence, but some of the major cryptocurrencies by market capitalization and adoption include:
- ➢ Bitcoin (BTC): The first and most well-known cryptocurrency, with a market capitalization of over $1 trillion as of April 2023.
- ➢ Ethereum (ETH): Is a decentralized platform for building decentralized applications (dApps) and smart contracts. Ethereum has a market capitalization of over $400 billion as of April 2023.
- ➢ Binance Coin (BNB): The native cryptocurrency of the Binance cryptocurrency exchange, used for discounted trading fees and other benefits. BNB has a market capitalization of over $100 billion as of April 2023.
- ➢ Cardano (ADA): Is a blockchain platform that aims to provide a more secure and sustainable infrastructure for decentralized applications. ADA has a market capitalization of over $100 billion as of April 2023.
➢ Dogecoin (DOGE): Is a meme-inspired cryptocurrency that started as a joke but has gained significant popularity and adoption. DOGE has a market capitalization of over $40 billion as of April 2023.
Other notable cryptocurrencies include Ripple (XRP), Solana (SOL), Polkadot (DOT), and Litecoin (LTC).