12 Most Popular Types of Cryptocurrency

Cryptocurrencies have become a groundbreaking innovation in finance, reshaping the way we transact and invest. Here are the top 12 most popular types:

2. Bitcoin (BTC): The pioneer of cryptocurrencies, setting the stage for decentralized peer-to-peer transactions across the globe.

4. Ethereum (ETH): Not just a digital currency but also a platform that allows developers to build and deploy smart contracts and decentralized applications.

6. Ripple (XRP): Known for its digital payment protocol more than its cryptocurrency. XRP operates on an open-source and peer-to-peer decentralized platform.

8. Litecoin (LTC): Launched in 2011, it was among the initial cryptocurrencies following bitcoin and was often referred to as ‘silver to Bitcoin’s gold’.

10. Chainlink (LINK): Aims to bridge the gap between blockchain technology and the outside world.

12. Polkadot (DOT): An open-source project founded by the Web3 Foundation. Polkadot’s core component is its relay chain that allows the interoperability of multiple chains.

14. Cardano (ADA): An open-source project that aims to run a public blockchain platform for smart contracts. Cardano’s internal cryptocurrency is called Ada.

16. Stellar (XLM): An open blockchain network designed to provide enterprise solutions by connecting financial institutions for the purpose of large transactions.

18. Uniswap (UNI): A popular decentralized trading protocol alongside its native token.

20. Dogecoin (DOGE): An open-source digital currency that is used by internet users worldwide.

22. Binance Coin (BNB): Used to pay fees within the Binance exchange.

24. Tether (USDT): A cryptocurrency that aims to keep cryptocurrency valuations stable, as opposed to the wide swings observed in the prices of other popular cryptocurrencies. Read More