There are a number of popular cryptocurrencies. In fact, more than 12,000 cryptocurrencies are currently in circulation. Experts predict 90% of today’s cryptocurrencies will not survive in the long run. But balance 10% will create remarkable impact in economies. Here I am listing 10 most popular cryptocurrencies based on its legacy and market capitalization. These cryptocurrencies or crypto are expected to weather out all market volatility and help investors in wealth creation.
Bitcoin (BTC)
It is synonymous with Cryptocurrencies. It debuted market in 2009 and brought public awareness about Cryptocurrency. Therefore all the currencies came after Bitcoin are known as Alternative to Bitcoin or Altcoin. Bitcoin was launched by an anonymous creator — Satoshi Nakamoto. The current market value of 1 BTC is $23,467. The total market capitalization is $453 billion. By 2025, it is expected that BTC price will touch $124,521.
Ether (ETH)
It was launched in year 2013 by programmer Vitalik Buterin. It operates on its own platform Ethereum. It is the second most popular cryptocurrency. Current price of 1 ETH is $1628 and its market capitalization is $200 billion. Experts predict it will surpass $20 trillion market capitalization by 2030.
Binance Coin (BNB)
It is an off shoot of Ethereum platform. It was launched as a separate blockchain through an Initial Coin Offering (ICO) in 2017. It has a restriction of maximum 200 million BNB tokens. Every quarter, Binance uses one-fifth of its profits to repurchase and permanently destroy, or “burn” Binance coins held in its treasury to maintain the restriction. Current price of BNB is $304 and market cap is $48 billion. It ranks behind Bitcoin and Ethereum. They also have the largest crypto exchange in the world. Binance Coin can now be used for payments as well as purchasing various goods and services.
Cardano (ADA)
Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson. Its symbol is ADA. Current price is $0.37 and market cap is $12.62 billion. The Cardano cryptocurrency is expected to double its value in a year and potentially even reach $5 by 2027.
Solana (SOL)
It was created in March 2020. Current price is $22.41 and market cap is $8.47 billion. SOL-USD could hit $5,056.82 by the end of 2030. Its platform known as ‘web-scale’ is robust and capable of carrying out high speed transaction. SOL currency issuance is capped at 480 million.
Dogecoin (DOGE)
It was launched in December 2013 by software engineers Billy Markus and Jackson Palmer, in a casual way inspired by Bitcoin. It took its name from an internet meme featuring a Shiba Inu dog. The current price of a DOGE is $0.083 and market capitalization $10.90 billion. Unlike other crypto, DOGE has unlimited issuance.
Avalanche (AVAX)
It was created in 2020 in Ava Labs co-founded by computer science professors at Cornell University. Currently it is trading at $17.59 and market capitalization is $6.61 billion. Its price forecast by 2030 is $3,287. It is known for high speed transaction, low-cost and eco-friendliness.
Litecoin (LTC)
It was created in 2011. It is an off shoot of Bitcoin. Currently it is trading at $96.29 and market capitalization is $6.93 billion. Its price forecast by 2030 is $3,287. Litecoin has a lifetime cap of 84 million coins. Currently, its market share is low due to low scalability.
Polkadot (DOT)
Polkadot provides interconnectivity and interoperability between blockchains, by enabling independent chains to securely exchange messages and perform transactions with each other without a trusted third-party. It was launched in May 2020. It was developed by Parity Technologies and Chainsafe Systems. Current price of DOT is $6.49 and its market capitalization is $7.95 billion. The price prognosis for 2027 is $93.713.
Cosmos (ATOM)
It was launched in 2017 through an Initial Coin Offering (ICO) by developers Jae Kwon and Ethan Buchman. Current price is $12.55 and Market cap is $4.40 billion. With an experienced management team, clear roadmap, and solution to an important cryptocurrency problem, Cosmos has strong fundamentals. It is estimated that ATOM will be traded between $116.80 and $144.03 in 2028.
Apart from Crypto currencies there are certain digital coins, which are very popular among investor and holds a strong future. Few of them are
Tether (USDT)
It is an asset backed digital coin owned by Tether Limited Inc. It was launched in 2014. Its price is pegged to US Dollar. As USD price moves, the value of Tether or USDT also moves. Therefore it is also known as stable coin. Current market cap of USDT is $70.86 billion. It is mostly used as a medium to move from one crypto to another.
USD Coin (USDC)
It is another stable coin, which means its value is pegged to US Dollar and backed by fully reserved assets. It was launched in September 2018. It was founded by Circle, members of Coinbase and Bitmain. Its market capitalization is $42.49 billion.
Binance USD (BUSD)
Binance USD is a dollar-backed stablecoin from top crypto exchange Binance in partnership with Paxos. Binance USD was launched in 2019 and is regulated by the New York Department of Financial Services. Its current market capitalization is $ 48 billion.