Cryptocurrency

Top 5 Cryptocurrency price charts

Investing in cryptocurrencies is a popular way to invest money in 2021. But the market has been relatively stable over the past couple of years. Because of this, digital assets do not generate the desired income. That would be enough to wait until the business enters the growth phase to earn as the first crypto enthusiasts. We have compiled the top 5.

1. Bitcoin

It is the first and main cryptocurrency in the world. Although most coins have clear advantages over Bitcoin, it is still difficult to compete with them. The following indicators evidence this:

  • 1st place in the CoinMarketCap rating by market capitalization (over 160 billion);
  • the current value of Bitcoin on exchanges – $ 9,139.68;
  • all-time maximum – $ 20,089.00;
  • Bitcoin’s daily trading volume is over $ 15 billion.

Bitcoin emerged after the 2008 global financial crisis. Recall that its main reason was the manipulation of assets by banks in the American real estate market.

Speculators have created a developed system of manipulation of companies assessing the risks in real estate trading. In the United States, a financial bubble was inflated, which burst, seriously affecting most of the world’s countries.

2. Ethereum

Ethereum is the no less popular project on the market. Together with BTC, they make a famous pair. It can be seen in BTC to eth chart.

Ethereum is an open-source blockchain-based platform with smart contract functionality. On it, developers create and deploy decentralized applications. It simplifies the implementation of blockchain technology.
ETH indicators:

  • 2nd place in the rating by market capitalization;
  • current value – $ 228.26;
  • maximum – $ 1,432.88;
  • trades in 24 hours – over $ 6 billion.

3. Ripple

The number of partners evidences the platform’s success – the project cooperates with banks in 40 countries; over 300 financial institutions have joined the Ripple network.

The XRP cryptocurrency operates inside Ripple. Coin indicators:

  • 4th place in the rating by market capitalization;
  • current price on exchanges – $ 0.175967;
  • maximum – $ 3.84;
  • daily trading volumes – over $ 1 billion

4. EOS

EOS is a platform for running smart contracts and building decentralized applications. She is often referred to as the “Ethereum Killer.” Even though ETH is more prevalent among investors, today, EOS outperforms the competitor.
Project advantages:

  • better scalability;
  • no transaction fees;
  • creating applications in the familiar C ++ programming language.

However, EOS has been criticized for being overly centralized. The project uses the Delegated Proof-of-Stake mechanism, in which 21 nodes create new blocks.

The tokens owner uses them to vote for block producers. This configuration is a priori much more centralized than Ethereum.

5. BAT

The digital asset BAT was included in our top 5 cryptocurrencies. The cryptocurrency was created to pay for advertising services in the Brave browser.

The coin entered the market in 2017. BAT transfer out of the online advertising crisis. After all, with the advent of Google and Facebook, user privacy is being questioned.

Demand for ad-blocking software is increasing among consumers, and advertisers are suffering from this. There are also malicious ad units. To address these issues, the Brave browser has been launched on the market.

Its advantages:

  • browser tracks user attention using machine learning, so advertisers get better results and save money;
  • personal information remains on devices and is not used for personal gain;
  • users turn off ads or receive rewards for viewing them.

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