By Admin 
Cryptocurrency market is currently expanding rapidly all over the world. Currently, the total size of this market is around $ 2.30 million, out of which Bitcoin alone is more than $ 2.13 lakh crore. The price of a bitcoin has currently reached about 1.6 lakh dollars (about 91 lakh rupees). But apart from bitcoins, there are many other digital coins that are attracting investors in terms of both market cap and return. These are called “Altcoin” and their number is increasing day by day.
Ethereum: the largest Altcoin
If there is dominance of a coin after bitcoin, it is Ethereum (Eth). Its purpose is to support the Defi (Decentralized Finance) application. Currently, its market cap is about $ 292 billion and its total value, including blockchain ecosystem, is said to be around $ 815 billion. Eth has given more than 1,89,678 percent returns so far.
Tether USDT: Stable but powerful
Tether (USDT) is a stabilcoin based on atherium blockchain. Its market cap is about $ 156 billion. Its price is equal to the dollar (about $ 1), and it has given a return of 21.86 percent so far. This is mainly used to maintain stability in trading.
XRP: Favorite for Fast Transaction
The XRP, whose market cap is $ 128 billion, is a pre-mound digital asset used for fast and cheap cross-border transactions. It is run on XRP laser. So far this coin has given more than 1,592 percent returns.
Binance Coin (BNB): Special for trading
BNB is its own coin of the world’s largest crypto exchange Binance. It is based on Ethereum ecosystem and its market cap is $ 90 billion. Its return so far has been 18,747 percent, which makes it very attractive.
Solana (SOL): Ethereum’s Rival
Solana, which is considered to be a direct competitive of Ethereum, has emerged rapidly in the NFT market. Its market cap is $ 77 billion and so far it has given a return of 12,472 percent.
The rest of the top 5 Altcoin
The sixth place is USDC, which is another stabilcoin and its market cap is $ 61 billion. Tron (TRX) is at number seven, whose market cap is $ 25 billion. Dogecoin (DOGE), which is a meme coin and Alan Musk became famous, at number eighth and its market cap is $ 24 billion. Cardano (ADA) is in ninth place, which has a value of $ 20 billion. At number ten is Hyperlique (Hype), which is a new crypto entry with a market cap of $ 12 billion.
Disclaimer: (Information provided here is being given only for information. It is necessary to tell here that the investment market is subject to risks. Always consult expert before investing as an investor. Never is advised to invest money from Abplive.com.
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