Here are the top 10 cryptocurrencies based on their market capitalization as of March 5, 2024:
1. #Bitcoin (BTC)
Market cap: $1.4 trillion
Bitcoin (BTC) is the original #cryptocurrency, created in 2009 by Satoshi Nakamoto. It runs on a blockchain and is secured through a process called proof of work.
2. #Ethereum (ETH)
Market cap: $456.2 billion
Ethereum is a cryptocurrency and blockchain platform known for its smart contract functionality and non-fungible tokens (NFTs).
3. #Tether (USDT)
Market cap: $100.2 billion
Tether is a stablecoin backed by fiat currencies like the U.S. dollar and Euro, designed to maintain a consistent value.
4. #Binance Coin (BNB)
Market cap: $62.8 billion
Binance Coin is a cryptocurrency used for trading and paying fees on the Binance exchange. It has expanded its utility beyond the exchange platform.
5. #Solana (SOL)
Market cap: $61.0 billion
Solana is a blockchain platform designed for decentralized finance (DeFi), decentralized apps (DApps), and smart contracts.
6. #XRP (XRP)
Market cap: $35.5 billion
XRP is a cryptocurrency created by Ripple, used for facilitating exchanges on its network.
7. #U.S. Dollar Coin (USDC)
Market cap: $28.9 billion
#USDC is a stablecoin backed by the U.S. dollar, used for global transactions.
8. #Cardano (ADA)
Market cap: $27.6 billion
Cardano is a blockchain platform that utilizes proof-of-stake validation and enables smart contracts and decentralized applications.
9. #Dogecoin (DOGE)
Market cap: $27.2 billion
Dogecoin started as a joke but gained popularity due to a dedicated community. It has no supply limit, which may affect its value.
10. #Shiba Inu (SHIB)
Market cap: $24.4 billion
Shiba Inu is a meme coin inspired by Dogecoin, created to experiment with a decentralized coin without a central governing authority.
Please note that cryptocurrency prices are highly volatile and can change rapidly.
5 мар 2024
