Are you curious about which are some of the most important cryptocurrencies? Here, we made a list of some of the most important cryptocurrencies today. Here are some of the main cryptocurrencies you should know!
Some of the main cryptocoins that you should know
To draw up this list of top main cryptocoins, a number of key points were taken into account, such as price stability, high liquidity and the record of developers. In this context, the first cryptocoin is one of the main ones of the present time:
Surely you may have heard of this virtual currency. Leader in investments in the market, Bitcoin is a cryptocoin that was created in the middle of 2009 and since then it has been developed in an active and growing way.
Basically, it was with the emergence of Bitcoin that the cryptocoins began to be noticed in the financial market, not to mention that they opened the way for the creation of new digital assets.
This virtual currency brings Blockchain’s revolutionary technology, a powerful system of records, that guarantees the safety of financial transactions with cryptocoins.
Typically applied to real-time gross settlement systems, Ripple is one of the top cryptocoins, which was launched in 2012 to provide secure, fast, and virtually free financial transactions regardless of the transaction size.
Many companies and global banks cooperate with this virtual currency.
Rapid growth of Ripple’s price of this virtual currency has made it a choice for many people in their investments.
As famous as Bitcoin, Ethereum is one of the main cryptocoins. It was created in 2015, with the aim of developing non-centralized online services based on Bockchain technology.
Despite its recent creation, large companies have chosen to invest in this cryptographic currency. Not surprisingly, Ethereum’s rapid growth may, in the feuture, make it outpace Bitcoin in terms of value and popularity.
This cryptocoin arose from a change in the cryptographic code of Bitcoin and it was one of the first to activate the SegWit protocol support.
For years, Litecoin has lagged behind big virtual currencies such as Bitcoin, but its value has risen sharply.
In addition to being accepted as a form of payment by several companies, it is also represented by several trading platforms worldwide.
Created as an alternative to Bitcoin, Bitcoin Cash represents a digital resource that is traded under another ticker, the BCC.
In terms of capitalization, this virtual currency managed to gain a significant appreciation, which made it take a prominent place in the financial market, leaving behind some veteran cryptocoins such as Litecoin and Ripple, for example.
Launched in 2014, this crypto currency acts with anonymous transactions and also uses a varied combination of cryptographic algorithms, making its use more secure and reliable.
In addition, Dash mining requires less energy than Bitcoin mining, not to mention that decisions involving system development are made by all members of the network and not just by programmers.
Dash is a cryptocoin that has been winning more and more fans.
The Ethereum Classic was created in 2016 with the aim of preserving the original ban on Ethereum, unaltered, decentralized and uncontrollable.
Although this currency was initially considered a failed creation, the truth is that it has grown steadily and intensely, thanks to the monetary policy in the project, which not only provides for the reduction of the reward per block, but also establishes the limitation of the emissions.
Therefore, these are some of the main cryptocoins that are leaders in investments of the present time. Now you just need to analyze each one of them, make the right choice and guarantee a good investment. Besides this, there are several other cryptocoins that you can invest on, depending on your investment profile and analysis.
In Trade by Trade you can trade these cryptocurrencies and more. Register now to start trading.
The views provided in this blog are purely informative and may reflect some author own views and opinions, in a given time and market situation. This should not be used as investment advice. Investing is your own risk and should be done after your market analysis.