Top 5 Cryptocurrency
Top 5 Cryptocurrency as we speak. Cryptocurrency started in 2009 with Bitcoin. Crypto as its known is a digital currency. It is more complex than what we just described. However, knowing the basics is enough here. Furthermore, these are the top 5 cryptocurrency in the world right now. In this article, we will break down in detail why each of those 5 cryptos is at the top of top crypto. You make want to check out the future of cryptocurrency here.
Top 5 Cryptocurrency are Bitcoin, Ethereum, Litecoin, Binance coin, and XRP. Let that sink in for a bit.
Details about Each Top 5 Cryptocurrency
- Bitcoin (BTC)
Started in 2009 by Satoshi Nakamoto. It is the most known cryptocurrency in the world. Bitcoin is an asset that can build generational wealth. It is not controlled by the bank even though they are trying to control its price.
2.Ethereum (ETH)
Started in 2015 by several founders but the most notable one is Vitalik Buterin. Ethereum better known as ETH is a smart contract and decentralized application. You can use it to pay for transactions on the ETH network. The transaction is called a gas fee. Those gas fees are pretty high sometimes. This will def be one of the best top 5 cryptocurrency surpassing Bitcoin in the future in our opinion.
3. Litecoin (LTC)
Started in 2011 and it is similar to Bitcoin. However, it has a faster block generation rate than bitcoin with a larger maximum coins supply. Litecoin is silver while Bitcoin is Gold. It is an asset as well. People may not know too much about Litecoin but do not sleep on this top 5 cryptocurrency that can rise up to 6 figures in the next 20 years.
Next Generation Crypto
4.Binance Coin (BNB)
Created by a Canadian Chinese called CZ. Started in 2017 at .10 cents as we remember. This coin shot up to over $600 in 2020. While it is going through some controversy and the price is dropping right now. BNB looks like a safe cryptocurrency. You can use BNB to pay fees on the Binance Network. The fees are very cheap compared to the ETH gas fees.
5. XRP (RIPPLE)
XRP (Ripple) is ongoing a court case now to prove whether or not it is a security. However, they should win the case but with the law, no one really knows. Ripple started in 2012. XRP focuses on faster payment transactions. This token will take over the financial industry if or when they win this case.
Conclusion
The top 5 cryptocurrency in the world is pretty much known by anyone who invests in crypto. They are at a good price right now. However, with the economy, the price will fall further. These cryptos will change generation and it’s only the one who takes it seriously that will flourish. Always do your own research and anything in this post or all of our posts are not financial advice. Do your research and this is for educational purposes. Learn more about the top 5 cryptocurrency and more here.
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