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What are the virtual coins that have increased ten thousand times?

Jul 23, 2024 pm 06:11 PM
BlockchainBitcoincryptocurrencyEthereumdigital currencyVirtual currencyBinanceexchangeDogecoin

The virtual currencies that have increased by 10,000 times in history include: Bitcoin, Ethereum, Binance Coin, Cardano and Dogecoin. These tokens have seen gains ranging from 1 millionx to 1000x, primarily due to their groundbreaking technology, community support, and institutional adoption. However, the cryptocurrency market is highly volatile and it is important to conduct thorough research and understand the associated risks before investing in any coin.

What are the virtual coins that have increased ten thousand times?

Virtual coins that have increased ten thousand times

In the vast world of virtual currencies, there are a few tokens that have experienced astonishing gains, bringing huge returns to investors. The following are virtual currencies with a historical increase of 10,000 times:

1. Bitcoin (BTC)

  • Time launched: 2009
  • Historical highest market value: approximately US$3 trillion (2021)
  • Increase : Increased more than 1 million times since its birth

As the first decentralized virtual currency, Bitcoin has opened a new era of digital currency. It has grown from a few cents to tens of thousands of dollars now, with its price surge largely attributed to its limited supply, decentralized nature, and growing institutional adoption.

2. Ethereum (ETH)

  • Time to go online: 2015
  • Historical highest market capitalization: approximately US$480 billion (2022)
  • Increase: more than 100,000 times since its birth

Ethereum is a smart contract platform that allows developers to build decentralized applications on its blockchain. It attracted a lot of attention with its strong programmability and growing developer community, causing its price to rise significantly.

3. Binance Coin (BNB)

  • Time launched: 2017
  • Historical highest market capitalization: approximately US$90 billion (2023)
  • Increase: more than 1,000 times since its birth

Binance Coin is the native token of the Binance exchange. It is used to pay transaction fees, participate in votes, and use various products and services in the Binance ecosystem. Binance’s large user base and continued ecosystem development have driven BNB’s value upwards.

4. Cardano (ADA)

  • Time to go online: 2017
  • Historical highest market capitalization: approximately US$90 billion (2023)
  • Increase: more than 1,000 times since its birth

Cardano Novo is a third-generation blockchain focused on scalability, security, and sustainability. It is known for its use of peer-reviewed research and its strong academic team. These factors have earned ADA recognition, leading to a significant increase in its price.

5. Dogecoin (DOGE)

  • Time launched: 2013
  • Historical highest market capitalization: approximately US$85 billion (2023)
  • Increase: more than 1,000 times since its birth

Dog Coin is a meme coin that was originally created as a joke. However, it became an unexpected hit and was embraced by celebrity investors such as Elon Musk. Dogecoin’s community and social media hype has driven its price significantly higher.

It’s worth noting that the cryptocurrency market is highly volatile, and it’s not common for coins to rise this much. Before investing in any virtual currency, be sure to conduct thorough research and understand the associated risks.

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