Cardano (ADA)- $1.64
Market Cap: $53,570,588,093
Because of its flexible network and fast transactions, Cardano is expected to remain one of the most popular cryptocurrencies. Charles Hoskinson (co-founder of Ethereum) developed Cardano. Scalability, interoperability, and sustainability are among its chief selling points. The recent update that finally brought the ability to build smart contracts on Cardano’s network. Cardano has always been a venture that takes its time and accomplishes things gradually.
This price increase is due to a recent update that added the ability to build smart contracts, allowing developers to begin working on dApps, several new cryptocurrencies, and the DeFi field. This coin also has low transaction fees and a strong development team working to fully decentralize the project. Developers can now start working on dApps, new cryptocurrencies, and even the DeFi sector thanks to smart contracts.
Market Cap: $40,891,672,038
After a shady past, this coin has resurfaced thanks to Elon Musk’s moniker as the “Dodgemaster.” Nobody expected this meme coin, which was created in 2013, to become legit, let alone to be included in the top list of cryptocurrencies. DOGE, the coin that has risen to prominence earlier this year, thanks to Elon Musk, is the cheapest cryptocurrency to purchase in 2021. Dogecoin is currently one of the cryptocurrencies that many analysts consider to be a viable investment option.
The cryptocurrency has been on a ride over the past four months, returning more than 8000 percent so far in 2021. The controversial cryptocurrency has surpassed the Rs 50 mark, bringing its market capitalization to an all-time high of $80-billion.
Uniswap (UNI)- $25.64
Market Cap: $15,082,162,759
Uniswap is an Ethereum-based DApp that enables users to trade Ethereum tokens via liquidity pools. Uniswap has two main services: delivering and utilizing liquidity. Uniswap was released in the DeFi framework, and the UNI coin was released in 2020. Hayden Adams, a former Siemens mechanical engineer, founded Uniswap on November 2, 2018. Via the use of smart contracts, the protocol allows for automatic transactions between cryptocurrency tokens on the Ethereum blockchain. Despite its infancy in the market, the UNI coin has already reached major milestones, and it is now one of the DeFi coins to enter the top race. Since Uniswap was recently positioned as the first decentralized exchange to enable margin and leverage trading, market analysts believe this price is below its expected potential growth.
Market Cap: $297,782,295,758
Ether is the second-largest cryptocurrency produced in 2015, with a market capitalization of $316 billion. The Ethereum blockchain is based on smart contracts, which allow for decentralized applications such as the widely used decentralised finance services (DeFi). Ether may not be a cheap buy but it worth the investment. Ethereum is a decentralized, open-source blockchain that allows users to create smart contracts. The platform’s native cryptocurrency is Ether (ETH). After Bitcoin, it is the second-largest cryptocurrency in terms of market capitalization. The most widely used blockchain is Ethereum. Ethereum is credited with laying the groundwork for what is now referred to as decentralized finance (DeFi). Because of Ethereum’s early success, the blockchain is now used by a significant portion of the DeFi industry.
Market Cap: $12,567,376,073
Chainlink’s decentralized oracle network offers tamper-proof inputs and outputs for complex smart contracts on any blockchain. The market capitalization of LINK has recently surpassed $20 billion. Chainlink has now consolidated its place as the 11th most valuable cryptocurrency on the Coinbase list as a result of this step. Chainlink integrates third-party data into smart contracts. Smart contracts on Ethereum will now respond to other asset rates, global events, and API calls. Smart contracts are made even smarter with Chainlink. Chainlink (or Link) is a cryptocurrency and oracle network that provides real-world data to blockchain’s. It is one of the primary data sources used to feed information to decentralized finance applications. Chainlink was founded by Sergey Nazarov in 2017.
Market Cap: $4,737,273,804
Monero (XMR) is a privacy-focused open-source cryptocurrency that was introduced in 2014. 1 It is based on the concept and runs on it. These blockchains, which are the foundation of digital currencies, are public ledgers of participants’ activity that display all of the network’s transactions.
Monero witnessed substantially faster growth in market capitalization and transaction volume in 2016 than any other cryptocurrency, owing to its privacy features. Its acceptance in darknet markets, where users used it to buy different criminal or otherwise unlawful things, fueled this rise. The hash function is used as a proof of work mechanism. RandomX is used to create a new currency and to reward miners for securing the network and verifying transactions.
Market Cap: $11,574,091,180
Polygon is Ethereum-compatible blockchain interoperability and scaling platform. The MATIC token, which is utilized for governance, staking, and gas costs, remains central. Polygon is a framework for creating blockchain networks that are interlinked. It uses a revolutionary sidechain solution to overcome some of Ethereum’s major shortcomings, such as throughput, bad user experience (high speed and delayed transactions), and lack of community control. The Ethereum layer, security layer, Polygon networks layer, and execution layer are the four layers that makeup Polygon’s architecture. The Polygon project is one of the more recent attempts at blockchain interoperability and scaling, and it aims to alleviate some of the apparent constraints of projects like Polkadot and Cosmos.
Market Cap: $6,046,029,248
The smart contract platform claims to be able to execute millions of transactions per second while also eliminating transaction fees. EOS provides secure access and authentication, permissions, data hosting, use control, and dApp-to-Internet connectivity. Although EOS has considerable promise, Ethereum is its major rival and is now more popular.
Ethereum Classic: $67.52
Name: Ethereum Classic
Market Cap: $7,882,920,192
Ethereum Classic is a blockchain-based distributed computing platform with smart contract features that is open source. 1s It uses transaction-based state transitions on a public Ethereum Virtual Machine to support a modified form of Nakamoto consensus (EVM). In 2016, Ethereum Classic was created as a result of a network hack. The original Ethereum blockchain was split into two parts, with Ethereum Classic is the older of the two, and Ethereum being the newest.
Smart contracts are self-executing autonomous digital apps that may run on their own as programmed, based on the premise of “Code is Law.” Automated teller machines (ATM) and the Bitcoin system are two examples of such uses.
Binance Coin: $344
Name: Binance Coin
Market Cap: $52,761,513,233
Binance Coin (BNB) is a cryptocurrency that may be used in the Binance cryptocurrency exchange to trade and pay fees. As of January 2018, the Binance Exchange was the world’s largest cryptocurrency exchange, conducting over 1.4 million transactions every second. Binance currency was originally based on the Ethereum blockchain and followed the ERC 20 standard, but it has subsequently become the Binance chain’s native token. Binance Exchange is the world’s largest cryptocurrency exchange as of April 2021, with over 1.4 million transactions per second.
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