Top 10 Cryptocurrencies

169 68

1- Bitcoin (BTC)


Market value: more than $805 billion.

Bitcoin was created in 2009 by someone under the name Satoshi Nakamoto, whom no one knows about to this day. It is the original and most sought after cryptocurrency. As with most cryptocurrencies, bitcoin operates on blockchain technology, or ledger transactions distributed across a network of thousands of computers. Since additions to distributed ledgers must be verified by solving a cryptographic puzzle, a process called proof of work, bitcoins are kept safe and secure from fraudsters.
Bitcoin price has skyrocketed as it has become a household name. Five years ago, you could buy bitcoin for about $500. At the beginning of this year, the price of one bitcoin reached more than 32,000 dollars. This is a growth rate of about 6300%. In the middle of the year, the bitcoin price reached over $65,000. Today the price of one bitcoin at the time of writing is around $43,000. It is expected that during the end of 2021 AD and the beginning of 2022 AD, it will reach about 150-200 thousand dollars, and within 5 years from now it will reach about one million dollars per pill.


2- Ethereum (ETH)

Market value: more than $341 billion.
Ethereum is a cryptocurrency and a platform for blockchain technology as well. Ethereum is preferred by software developers due to its potential applications. For example the so-called smart contracts that are executed automatically when conditions and non-fungible tokens are met.
Ethereum has also experienced massive growth. In just five years, its price went from about $11 to more than $2,500, or more than 22,000 percent, before hitting $4,500 in the middle of this year. The price of Ethereum at the time of writing this article is about $3,000, and it is expected to reach about $26,000 in the coming years.


3- Digital Dollar (USDT)

Market value: more than $62 billion.
Unlike many other cryptocurrencies, Tether is a stablecoin; This means that it is backed by fiat currencies such as the US dollar and the euro and by default holds a value equal to one of these two denominations. In theory, this means that the value of the tether or digital dollar is supposed to be more consistent than other cryptocurrencies, and is preferred by investors who are wary of the extreme volatility of other coins.

4- Binance Coin (BNB) –

Market value: more than $58 billion.
Binance Coin is a form of digital currency that you can use to trade and pay fees on Binance, one of the largest and most popular cryptocurrency exchanges in the world.
Since its launch in 2017, Binance Coin has expanded in the past simply to facilitate trades on the trading platform. Now they can be used for trading, payment processing or even booking travel arrangements. It can also be traded or exchanged for other forms of cryptocurrency.
In 2017, its price was only one cent, by mid-2021 the price of Binance token had risen to about $700, an increase of nearly 700,000%. The price of the Binance coin is expected to reach around $4,000 in the coming years.


5- Cardano (ADA)


Market value: more than $45 billion.
Cardano is best known for its early adoption of digital proof-of-stake validation. This method speeds up transaction time and reduces energy use and environmental impact by removing the competitive aspect of problem-solving for transaction verification found in digital platforms. Cardano also works like Ethereum to enable smart contracts and decentralized applications, which are powered by its native currency.
Cardano has achieved relatively modest growth compared to other major cryptocurrencies. In 2017, the price of Cardano was $0.02 before it reached a high of about two and a half dollars, which is an increase of 12,500%. Carano’s price is expected to reach around $20 in 5 years from now.
It is noticeable that the price of Cardano did not reach the logic of thousands; Although it is a strong and globally famous currency, and has projects that have an impact in the world of digital currencies; This is mainly due to the very large number of its currencies, reaching 45 billion pills in the world; Thus, we need about 45 trillion dollars to bring the price of one pill to a thousand dollars, and this number is a figment of the imagination; Because the entire cryptocurrency market is about $2.5 trillion. Except in the event that part of the currency is burned, which is a common process in the cryptocurrency market.

6- DEGO –


Market value: more than $100 million.
Digo was launched in 2020. Digo Coin System is a decentralized ecosystem that offers a variety of non-fungible tokens and decentralized financing tools. It is an independent and open ecosystem of non-fungible tokens. Digo uses a modular modular design concept that combines different elements of a product to form subsystems with specific functions.
Any user is allowed to unlock tokens that are not redeemable through currency and start mining, auctioning and trading, covering the entire lifecycle of the product. The Digo Protocol is a Layer 2 cross-chain infrastructure for blockchain projects that can be leveraged to acquire users and distribute tokens.
Digo’s price at launch was about 40 cents before it hit $34 in six months, an increase of about 8,500%. Today at press time, Diego is at $12. The interesting thing about Digo is that there are only 21 million of them in the world, which is the same as the total number of bitcoins by the way, and it is the only currency in the cryptocurrency market that uses non-fungible token technology and decentralized finance tools; Which makes it a currency with a brilliant future. Diego’s price is expected to reach over $500 over the coming years or even months if it gains more momentum.


7- Ripple (XRP)

Market value: more than $34 billion.
Ripple is a digital technology currency and payment processing. Ripple can be used on that network to facilitate exchanges of different types of currencies, including fiat currencies and other major cryptocurrencies.
At the beginning of 2017, the price of Ripple was $0.006 before hitting a high of about $2 in the middle of this year, equivalent to a 33,300% increase. The price of Ripple is expected to reach about $24 within two years from now. The price of Ripple at the time of writing this article was 75 cents.


8- Polygon (MATIC) –

Market value: more than 7 billion dollars.
Polygon or formerly Almatic is the first well-organized and easy-to-use platform for scaling Ethereum and infrastructure development. Its core component is Polygon SDK, a flexible modular framework that supports building multiple types of applications.
Using Polygon one can create compilation strings, standalone strings, or any other type of infrastructure required by the developer. It is a Tier 2 technology solution powered by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by solving the scalability problems of many blockchains.
The Almatic was priced at $0.004 at its inception, reaching a peak of two dollars and seventy cents in May of this year. Polygon is expected to reach about $20 in the coming years. The matic is trading at a dollar and ten cents at the time of writing this article, meaning that if you invested 100 Saudi riyals in the mate today, you will most likely get 2000 Saudi riyals after two to four years from now.


9- Stellar Lumens (XLM)

Market value: more than 6 billion dollars.
Stellar is one of the most promising decentralized finance projects in the crypto world. It has been incredibly successful in building a tool for its users as a cross-border payment platform. Ultimately, Stellar’s goal is to integrate and work alongside the traditional banking system. Such ambition will ensure that it continues to grow at a healthy pace for the foreseeable future.
Stellar is investing heavily in its platform and expanding its goals. Premier Development Fund Nigerian fintech company Kaori has invested $750,000 in building a platform for the local audience for cross-border payments. Earlier this year, Stellar signed an agreement with the Ukrainian government to help it develop what will be a national digital currency. It has also launched a powerful new update called Horizon 2, which will enhance the efficiency and resiliency of the network.
Almost 7 years ago, at the beginning of this digital currency project, its price was 0.001 dollars, after that it reached its peak at the beginning of 2018 AD when its price reached about a dollar, an increase of 100,000% in just 3 years. Imagine, dear reader, that your investment in it with only $100 could have turned into $100 thousand. Today at the time of writing this article Stellar is trading at thirty cents. It is certain that if the currency continues to work hard and gain momentum, it will break its previous peak to reach about two dollars in the coming years.


10- Automata (ATA) –


Market value: more than $90 million.
Automata Network Coin is a decentralized service protocol that provides privacy middleware for applications across multiple blockchains. It enables versatile use cases such as anonymous voting, devaluation of extractable mining, and do-not-track indexing by utilizing the latest encryption algorithms and maintaining privacy. Together with reliable computing technologies.
The Automata cryptocurrency was established in the middle of this year, as it is still a modern currency and has a bright future as expected. On its first trading day, its price rose from 40 cents to 2.5 dollars, an increase of 625% in just hours. Automata coin is trading at the time of writing at sixty cent levels, and it is expected to reach between four and six dollars when the mainnet launches in the coming month of September, a month from now. It is also expected to reach $60 levels in the coming years; If it proves its worth and convinces investors of it.

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