Referring to the CoinMarketCap report, here is a summary of cryptocurrencies whose global crypto market capitalization has increased in recent times.
Globally, cryptocurrencies have spread. However, there are only a few categories of the most popular cryptocurrencies that are supported by high liquidity and have a large market cap.
In addition to a large market cap, many Bitcoin Cs are predicted to increase in value in the future. Even so, the character remains high-risk, high-return, or fluctuating.
Referring to the CoinMarketCap report, here is a summary of cryptocurrencies whose global crypto market capitalization has increased in recent times.
1. Bitcoin (BTC)
Bitcoin is one of the most popular and most traded cryptocurrencies. The growth in the value of this crypto asset continues to increase.
Since it first appeared, Bitcoin was targeted to enter on a global trade scale including peer to peer to be used as digital cash, so the demand was high.
2. Ethereum (ETH)
The next most popular cryptocurrency that falls into the liquidity category is Ethereum. The Ethereum crypto asset is widely traded and disbursing funds is relatively easy.
Ethereum crypto asset is a digital currency with a smart contract concept that allows developers to release applications on smartphones.
3. Cardano (ADA)
The next best-performing cryptocurrency on the market is Cardano. According to Investopedia, Cardano is the world's first blockchain with a more efficient system.
As of May this year, Cardano ranks 7th in the market with prices continuing to be high and being the safest cryptocurrency to date.
4. Litecoin (LTC)
The Litecoin crypto-asset also has high liquidity. In the market, Litecoin is currently circulating with a total of 84 million.
The advantage of Litecoin is in the short addition process, which is 2 minutes compared to other crypto assets. Even now, Litecoin is still the mainstay of investors.
5. DogeCoin (DOGE)
Recently, the value of the cryptocurrency DogeCoin is skyrocketing in the market and for this year its growth has jumped more than 12,000 percent.
Referring to the Nasdaq page, Dogecoin holders have the opportunity to use digital money to buy goods and services or exchange them for other currencies.
6. Binance Coin (BNB)
Quoting CNBC, Binance Coin has a market cap of 4 percent and its price growth beats Bitcoin and Ethereum.
This unit of BNB coin is worth US$641.43 or around Rp9.1 million. Even the nominal is said to continue to increase.
7. Ripple (XRP)
The XRP or Ripple coin is a crypto asset that investors are looking for because of its largest market cap. Its market capitalization is 2.8 percent and continues to rise to 500 percent during 2021.
Ripple's best cryptocurrency comes from an American company. The concept of XRP is not decentralized thus creating a transparent payment process, transfer.
