Almost everyone has some pocket money these days: cryptocurrency. This digital currency involves quite a bit of money. How much money exactly, today, regulates in the five most popular cryptos M in a row for you.Text: Patrick StofferIt will have caused many people quite a bit of stress lately: the fluctuating rates of digital currencies. The times where people could cash in with their cryptos have been hard to find lately. Yet the circulation of these digital coins is still in full swing and the crypto market could count on billions. These are the five largest crypto coins with their current market capitalization.
USD Coin (2018) is a stablecoin linked to the US dollar. The so-called 'fiat currency' is always linked to the value of the dollar or euro. Is the dollar or euro increasing in value? Then the coin rises. The purpose of this coin is to create an ecosystem in which the USD Coin is accepted by as many exchanges, dApps and service providers as possible. The price is currently up € 0,86 and goes like this €45,2 billion to in this coin.
BNB was launched in 2017 as a utility token. These are tokens that function to use a specific service or product. The buyer of these types of coins pay the issuer so that a company can develop a product that the buyer can later buy back for a related service. In short, a token to finance a crowdfunding. At the time of writing, BNB has a price of € 364 with a total market cap of €60,1 billion.
Launched in 2014, this digital currency aims to mirror the US dollar. The idea behind this is to create a stable cryptocurrency that can be used like digital dollars or stablecoins. The value of this crypto is therefore linked to the US dollar. The current price of the coin is € 0,88 and has a total market value of €68,3 billion.
Ethereum and Ether are two separate things. You can pay with Ether within the Ethereum network. The latter is a network on which decentralized applications are built and launched. This can be seen as the backbone of a new kind of internet. You pay now for a coin of the number two on this ranking €2,7 thousand with a market capitalization of €325 billion.
It will not surprise you that this coin, which was launched in 2009, is consistently at number 1 and will remain so for a while. The founder is known under a pseudonym, Satoshi Nakamoto. Nakamoto's identity remains unknown to this day. The coin is designed as a digital payment method, with which people can send transactions to each other without the intervention of a third party, such as a bank. Buy a whole Bitcoin? Then you pay no less than today €38,1 thousand. The market capitalization of Bitcoin is €723 billion.
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