Most Popular and Top Cryptocurrency 2021
Bitcoin is the only coin that created this digital market. It started in 2009. Bitcoin working on blockchain technology was created by a person or group working on the name of Satoshi Nakamoto. The real identity of this person has not yet been revealed to the world. It may also happen that it may be just one person or it may be a group of many people. Bitcoin is the most popular crypto coin at the moment. The highest ever price (all time high) of this coin has been $64,829 (Rs 43.7 lakh in India) and its total market cap was Rs 54,340 billion as of writing the news.
If any crypto coin is the most popular after Bitcoin, it is Ethereum and it is also quite different from Bitcoin. Actually Ethereum is the name of the blockchain platform and the name of its crypto coin is Ether. It is a utility cryptocurrency, offered as payment for using the Ethereum platform. Many Dapps (Decentralized Applications) are built on the Ethereum blockchain platform. These can also be games and can be initial coin offerings (IPOs from the cryptocurrency world). Ethereum’s all-time high has been around Rs 3.2 lakh and at the time of writing this, its market cap was Rs 23,000 billion.
At number three we can put Ripple (XRP) without hesitation. So far it has been considered a very safe utility coin and it has also got the support of many banks since its inception. Many transfer services built on Ripple’s blockchain platform have grown significantly over the years. Many investors and cryptocurrency experts believe that Ripple could become part of the traditional financial system in the future. At the time of writing the news, its market cap was Rs 8,200 billion and its all-time high is Rs 248.56.
Litecoin is another big name, which is considered to be the rival of Bitcoin. This coin is considered a better coin than bitcoin for payment in Romarra’s life. Its transactions are also done through P2P (peer-to-peer) networks, which are faster than bitcoin, which also means that it may be preferred by merchants in the future. Although bitcoin has not been adopted by governments and banks at the moment, so people are better off investing money on bitcoin. Its market cap at the time of writing the news was Rs 1,000 billion and its all-time high is around Rs 30,242.
Cardano also has to be included in this list. This coin has made investors very happy in the recent past and experts believe that it can perform very well in future. Behind this is the hand of Charles Hoskinson, a member of the team that created Ehereum. The team behind Cardano says it is built on a better blockchain than other blockchains. It is also known as “Ethereum killer”. Although it is currently in its early stages and is a new cryptocurrency, it has received a lot of love in the recent past. At the time of writing the news, its market cap was Rs 4,000 billion and its all-time high was Rs 180.50.
note: All of the above figures are from CoinDesk database have been taken from.