Cryptocurrency’s popularity is no doubt at its peak. With everyone talking about it on blogs and social media, people have started to get noticed and most of them have even started investing.
If you are a total beginner in the crypto world, the very first question you’ll probably ask apart from what cryptocurrency does is which coin do I invest in? With dozens of currencies to choose from, it’s perfectly understandable to ask which one’s worth investing in.
Don’t worry because we got you covered. We’re providing you our top crypto choices to help make the decision making process a lot easier for you. Just sit back and decide later which one works best for you.
1. Bitcoin (BTC)
Running on a decentralized peer-to-peer network, this top digital currency allows you to buy or pay for goods or services. Being the original cryptocurrency, Bitcoin is very popular among crypto-enthusiasts. Some even know Bitcoin more than cryptocurrency itself because of its brand appeal.
Its prime competitors are Bitcoin Cash, Dash, Litecoin and NEM but with a market cap of $166 billion and a token price of $9700, it certainly is the best of the best.
2. Ethereum (ETH)
Ethereum is a decentralized app that allows businesses to establish decentralized apps on their respective blockchains and use Ethereum’s smart contacts.
Ethereum sets itself apart from competitors like Cardano, NEO, Lisk, and others because of it being one of the pioneers of the smart contact sector. It also has a massive community headed by Vitalik. Ethereum currently has a market cap of $41.8 billion and a token price of $434.82.
3. Litecoin (LTC)
Litecoin prides itself for being the cryptocurrency that provides you what Bitcoin lacked. This digital currency has the knack for implementing future Bitcoin upgrades before Bitcoin ever does.
Despite this unique setup, Litecoin creator Charlie Lee keeps a good relationship with Bitcoin. He believes that the existence of both currencies is more beneficial that just one and that the success of Bitcoin is Litecoin’s success as well.
Litecoin currently has a market cap of $4.6 billion and token price of $85.79.
Often dubbed as China’s answer to Ethereum, this decentralized app platform is known for providing token holders with GAS, the actual fuel of the entire platform.
With Qtum, Lisk and Ethereum as its close competitors, NEO’s selling point lies on its superior transaction speed at 1000 per second. It’s definitely way ahead of Ethereum’s 15 per second. NEO’s market cap is currently at $2.2 billion and its price token at $34.34.
5. Stellar Lumens (XLM)
Stellar Lumens is a platform known for connecting people to banks and payment systems. It has since gained popularity after its prestigious partnership with IBM and KlickEx in October of 2017. The partnership aims to create an ultimate solution for the financial technology industry, something a lot of people and companies can benefit from.
It currently has a market cap of $1.3 billion and a token price of $0.0741.
6. Bitcoin Cash (BCH)
Based on the original Bitcoin, this crypto operates with a much bigger block size sans the Segwit upgrade that Bitcoin possess.
Bitcoin Cash sets itself apart from its predecessor with its 8MB block size limit which allows for greater transaction speed. The only glaring disadvantage of not having the Segwit implementation is that it will not be able to implement second layer upgrades.
It has a market cap of $22.3 billion currently and a token price of $1322.19.
7. Ripple (XRP)
Known for its ultra-fast transaction speed, Ripple is a real-time settlement network whose primary goal is to connect banks from all over the world and make cross-border payment systems possible.
Though it has received bad rap over its plans to work with banks which many believe goes against the whole premise of cryptocurrency, it still currently has a market cap of $9.4 billion and a token price of $0.2438.
8. DASH (DASH)
Closely resembling Bitcoin, DASH is known for several of its popular features like PrivateSend InstaSend, DASH budget system, and its plan to come up with its own Crypto payment method similar to Paypal.
Some of its close competitors are Bitcoin, Litecoin, NEM, and Bitcoin Cash to name a few. DASH currently has a market cap of $6 billion dollars and a token price of $778.24.
9. Bitcoin Gold (BTG)
Bitcoin Gold is another one of Bitcoin’s hard forks together with Bitcoin Cash. This digital currency was designed to decrease the centralized mining power as seen in the Bitcoin network through its new mining algorithm, The Equihash.
With a current market cap of $4.9 billion and token price of $292.42, Bitcoin Gold has become a bit worrisome due to the number of issues it has already faced particularly with the introduction of Equihash.
10. IOTA (MIOTA)
The only cryptocurrency designed for what people call “The Internet of Things”, IOTA is known for using “Tangle” technology instead of the blockchain which other cryptocurrencies use.
IOTA’s use of the Tangle technology lies on the premise that it is more advantageous over blockchain because it’s infinitely scalable, has zero fees, and virtually unhackable by quantum computers.
It currently has a market cap of $3.6 billion and a token price of $1.29.
Each digital currency certainly has their own sets of advantages and disadvantages. We’ve just given you information about the top 10 cryptocurrencies today so we can help make the decision-making process easier for you on which currency to invest on.
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