What are the mainstream coins in the currency circle?

Mainstream coins are cryptocurrencies with high market capitalization, trading volume and acceptance in the cryptocurrency market, including Bitcoin, Ethereum, Binance Coin, Tether, etc. Their characteristics include stability, liquidity, security, wide application, etc., which are the targets for investors to understand and consider.

Mainstream coins in the currency circle

For newbies in the currency circle, it is crucial to understand which cryptocurrencies belong to the mainstream coins, as they enjoy a high degree of liquidity and recognition in the market. Mainstream coins usually have large market capitalization, high trading volume, and are recognized by institutional investors.

Definition of mainstream coins

Mainstream coins refer to cryptocurrencies with high market capitalization, high trading volume and wide acceptance in the cryptocurrency market. They usually have the following characteristics:

• Large market cap: Market cap refers to the total value of all tokens in circulation, which reflects the size and popularity of the cryptocurrency.
• High Trading Volume: Trading volume refers to the number of cryptocurrencies traded in a certain period of time, and it indicates the liquidity and activity of the market.
• Wide Acceptance: Mainstream coins are generally widely accepted on major exchanges and platforms, making them easy to trade and use.

List of mainstream coins

According to these standards, the following are the mainstream coins recognized by the current currency circle:

• Bitcoin (BTC)
• Ethereum (ETH)
• Binance Coin ( BNB)
• Tether (USDT)
• Cardano (ADA)
• Ripple (XRP)
• Dogecoin (DOGE)
• Litecoin (LTC)
• Polkadot (DOT)
• Solana (SOL)

Characteristics of mainstream coins

Mainstream coins have some common characteristics:

• Stability:Usually have higher Stable prices with small fluctuations.
• Liquidity: Easy to trade and exchange, high trading volume.
• Security and Reliability: Based on proven blockchain technology, ensuring secure transactions.
• Wide Application: Can be used across a variety of platforms and services, including payments, investments, and DeFi.

Conclusion

Understanding mainstream coins is crucial as it can help investors identify cryptocurrencies with stability and reliability. These coins dominate the cryptocurrency community, providing investors with high liquidity and wide acceptance.

The above is the detailed content of What are the mainstream coins in the currency circle?. For more information, please follow other related articles on the PHP Chinese website!