One of its main use cases is for exchange holders to take advantage of lower trading fees. This big name in the crypto world offers a suite of products, including its own blockchain and coin.īNB is the native coin of this Binance ecosystem, and it’s used for all sorts of transactions. BNB (BNB)īinance is the biggest cryptocurrency exchange in the world. ![]() In September 2022, ethereum completed its much-anticipated upgrade called the “merge.” The merge transitioned ethereum’s blockchain verification system from proof of work to proof of stake. It’s the most popular blockchain for developers to build on and a leader in the decentralized finance (DeFi) space, with a 59% share of the total value locked up.Įthereum was launched in 2015 and conceived as an idea by programmer Vitalik Buterin. Some argue it should not be classified as an altcoin, having established itself as the leading smart contract blockchain. We also excluded the token lido staked ether from this listing, as it’s a staking token.Įthereum is the largest of the altcoins. Stablecoins are pegged to fiat currencies and are not featured on this list either. ![]() Memes are more of a category of their own, originating from an Internet meme or some other humorous characteristic. Our list excludes meme coins and stablecoins. With that caveat on volatility, here are the top 10 altcoins by market capitalization. “Additionally, altcoins may have weaker security and development teams, which can increase the risk of security vulnerabilities,” says Samuel Cohen, head of business development at the crypto mining software company Foreman Mining. You may have even heard of a few of them, such as ethereum, litecoin and solana.Īltcoins have a smaller market cap, fewer users and less liquidity, making them more prone to price fluctuations and market manipulation. Typically, coins that are an alternative digital currency to bitcoin are referred to as altcoins. Bitcoin is the most dominant cryptocurrency in terms of market capitalization, adoption and acceptance.
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