What are the major cryptocurrencies?

The main encrypted digital currencies include: 1. Bitcoin (BTC): digital gold and store of value; 2. Ethereum (ETH): decentralized application platform; 3. Binance Coin (BNB) : Binance exchange token; 4. Tether (USDT): a stablecoin pegged to the US dollar; 5. Cardano (ADA): a scalable, secure and sustainable blockchain; 6. Dogecoin ( DOGE): a popular joke coin on social media; 7. XRP (XRP): a cross-border payment cryptocurrency, popular with financial institutions.

Main encrypted digital currencies

Encrypted digital currencies are decentralized digital currencies created based on blockchain technology assets, playing a vital role in the crypto market. Some major cryptocurrencies are listed below:

1. Bitcoin (BTC)

• Created in 2009
• Market capitalization The largest and most actively traded cryptocurrency
• Famous as digital gold and store of value

2. Ethereum (ETH)

• Created in 2015
• An open source blockchain platform that allows developers to build and deploy decentralized applications (dApps)
• The Ethereum Virtual Machine (EVM) is Provide support for the execution of smart contracts

3. Binance Coin (BNB)

• Created in 2017
• Binance The exchange’s native token
• can be used to pay transaction fees and participate in the governance of Binance Smart Chain

##4. Tether (USDT)

Created in 2014
• A stablecoin pegged to the U.S. dollar
• Used as a common medium of exchange in crypto trading

5 .Cardano (ADA)

Created in 2015
• A Proof-of-Stake (PoS) blockchain platform
• Focused on scalability , security and sustainability

6. Dogecoin (DOGE)

##Created in 2013

• A cryptocurrency originally created as a joke coin
• has gained widespread attention on social media and online communities

7. XRP Ripple (XRP)

Created in 2012

• An encrypted digital currency designed specifically for cross-border payments
• Favored by large financial institutions
• These cryptocurrencies vary in terms of market share, uses and technical features. As the cryptocurrency industry continues to evolve, new competitors may emerge, and the status of existing currencies may change.

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