Famous cryptocurrencies

Famous cryptocurrencies

Cryptocurrencies and blockchain technology are taking over the world as more and more people want to dive into this technology. Search engines have been buzzing with crypto searches this year, showing that many people want to invest in this new world but don’t know where to start. The words “bitcoin and crypto” topped the search queries. Enclosed we will show you the most popular representatives of cryptocurrencies:

The first on our list is the famous Bitcoin. Bitcoin was one of the first cryptocurrencies to hit the market and has been performing well ever since. Bitcoin was created in 2008 by an anonymous founder named Satoshi Nakamoto, and the first people traded with it back in 2009, when it was still worth nothing. Bitcoins are created through a process known as bitcoin mining using ASIC miners. Currently, the price of Bitcoin is around $30,000 and is likely to rise further. There are currently 19 million Bitcoins in circulation, and the upper limit of supply is 29 million.

The second on our list is Ethereum. ETH was founded in 2013 by a programmer named Vitalik Buterin and has been growing ever since. In terms of market capitalization, it is the second largest cryptocurrency after Bitcoin. Ethereum was launched in 2015 when people started using the currency. Ethereum has played a major role in the creation and exchange of non-fungible tokens (NFTs). Currently, the price of Ethereum is at $1700 and it is likely to rise further or again.

The third on our list is Dash. Dash was founded in 2014 by Evan Duffield and Daniel Diaz and was initially named Xcoin, then it was renamed Darkcoin before it was finally renamed Dash in 2015. Dash has a market cap of $6.2 billion and is currently valued at $109, with the value likely to continue rising.

The fourth on our list is Decred. It was created in 2013 by the developers of TacoTime and Ingsoc. It was then launched and introduced for public use in 2016. It was one of the earliest cryptocurrencies to be successfully launched. Here, the code of Bitcoin was used, which was modified to reward those who helped develop the network further. Decred has a market cap of $1,130,379,941 and is currently valued at $53.83.

Finally on our list of famous cryptocurrencies is our beloved Dogecoin. It was introduced in 2013 by software engineers Billy Markus and Jackson, who invented the coin as a joke to poke fun at wild speculation with cryptocurrencies. For this reason, it is usually referred to as the first meme coin. Dogecoin has developed a very active online community since its release and has received a lot of support from investors like billionaire CEO Elon Musk. It has a market capitalization of $85 billion and is currently valued at $0.07.

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