TOP CRYPTOCURRENCY COINS BY Market CAP 2021

cryptocurrency

Cryptocurrency has gained undisputed popularity in the last few years. Everyone’s talking about cryptocurrency nowadays. However, there are still a number of people who are unaware that crypto is more than just a bunch of Bitcoins.

If you are new to cryptocurrency and looking for accurate research about the top Cryptocurrencies of the world, then you are at the right place. We have covered the top 5 cryptocurrencies by their market capitalization in 2021 in this article.

It should be however kept in mind that the crypto market is volatile with constant ups and downs. Having said that, the below information is accurate as of June 2021.

BITCOIN (BTC)

Bitcoin is undoubtedly the largest digital coin in the world right now. Created in 2008 by an unknown group named Satoshi Nakamoto, Bitcoin was aimed to replace fiat currency in the future and be the source of trading. Bitcoin has become a household name and is often misunderstood as the only cryptocurrency of this world by those who are unaware of digital coins.

The first increase in Bitcoin’s price was witnessed in 2008, where the coin increased its value from $0.08 to $0.8. Since then, Bitcoin’s market had been very volatile with constant ups and downs. The first Bitcoin peak occurred in 2017 where the price shot up from around a thousand dollars to about $20,000 by the end of the year. However, it witnessed a one-half decrease in its price the very next year. 

 Another Bitcoin peak was observed in January 2021, where the price reached a staggering value of $58,000. However, the instability in the market took just some days to bring it back at $30,000. 

Bitcoin’s market cap as of June 2021 was $726.16 billion! It was traded at prices ranging between $30k to $40k with constant ups and downs in the market. 

Generally, investors who want to hold their assets for a long time period and are ready to take risks, invest in Bitcoin. If you are a beginner, it is not a good plan to invest in this coin due to its instability.

You can find Bitcoin on Binance, Kraken, and many other Cryptocurrency exchanges.

ETHEREUM (ETH)

Unlike Bitcoin, Ethereum was aimed for broader visions. Founded in 2015 by Vitalik Buterin, Ethereum is more than just a currency; it is a technology that also has a coin component. It ranks second to Bitcoin. but is still nowhere near BTC in terms of market capitalization. However, due to BTC recent decline, experts predict that Ethereum will soon take over Bitcoin in market capitalization.

Ethereum had its first peak in 2020 when its price raised up from $200 to $3,000. Recently, it passed a figure of $4k but soon had a fall to $2k.

Ethereum’s market cap as of June 2021 was $281.13 billion! It was traded at a price of around $2,400 in this time period.

ETH is an attractive investment as it is based on a programmable blockchain, which means it can run programs and applications on millions of computers at once. It can be a big breakthrough in the gaming industry!

You can buy Ethereum on major crypto exchanges like Binance, Kraken, etc.

TETHER (USDT)

Tether is a stable coin because it is pegged to traditional currency (US dollar). It was launched in 2015 and operates on the ETH platform.

Tether ensures stability and lowers volatility in the market. Its value is and will always be $1. It has recently extended its wings towards Avalanche Blockchain. 

As of June 2020, its market cap was $62.6 billion.

You can buy and sell USDT tokens on Binance, Kraken, and other major cryptocurrency exchanges.

BINANCE COIN (BNB)

Binance coin was launched in 2017 by Binance, the largest cryptocurrency exchange in the world. In the beginning, it sold 100 million coins at $0.15 per coin. It can be used as payment of exchange fees on Binance and to buy some goods and services.

BNB peaked in February 2021, where the price reached over $600 which previously reached up to $60 in four years. However, it has had a fall recently.

Binance uses 20% profit to destroy and buying back its coins to make it limited and increase its value. Let’s see how this trick works out for them in the coming years.

BNB is ranked fourth by its market cap, which as of June 2021 was $53.41 billion! The current price for one BNB coin was around $350. 

Buying BNB from Binance itself will give you discounts and many other features, so what are you waiting for?

CARDANO (ADA)

Cardano is much like Ethereum. Founded in 2017, Cardano is a PoS (Proof of stake) blockchain currency. Its network size is still very small as compared to ETH, but ADA is a very promising technology one must say.

A research first approach was followed during Cardano’s development which has resulted in some promising results in the past few months. 

Cardano started off at about $0.1 and cruised its way along very well until 2021, where it jumped over a dollar. It reached its peak at $2 in May 2021.

Cardano’s market cap as of June 2021 was $48.13 billion. It was currently traded at $1.51.

You can buy ADA from Binance, Kraken, Coinbase, and other major crypto exchanges

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This Post Has 3 Comments

  1. King Arthur

    Good going. Keep up the good work.

  2. Arshan

    Amazing 😮

  3. Manahil

    Nice info!!

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