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Homeweb3.0What are the mainstream coins of digital currency?

What are the mainstream coins of digital currency?

Apr 26, 2024 pm 05:44 PM
BlockchainBitcoincryptocurrencyEthereumdigital currencyStablecoinBinanceusdtexchangeMainstream coinsDogecoinRipple

Mainstream digital currencies include Bitcoin, Ethereum, stablecoins, Binance Coin, Cardano, Ripple and Dogecoin. These currencies perform well in terms of market capitalization, trading volume, and adoption, with Bitcoin being the first and most famous digital currency and Ethereum being a popular smart contract platform. Stablecoins provide price stability, Binance Coin is used for exchange trading, Cardano focuses on scalability, Ripple is used for cross-border payments, and Dogecoin is popular for its meme background.

What are the mainstream coins of digital currency?

Mainstream digital currency:

The digital currency market is vast. Mainstream currencies refer to the market value, transaction volume and A currency that leads in terms of adoption rate and more. The following are some of the current mainstream digital currencies:

1. Bitcoin (BTC)

Bitcoin is the first and most famous digital currency. It has been a leader in the digital currency market since its launch in 2009 and is the cryptocurrency with the highest market capitalization.

2. Ethereum (ETH)

Ethereum is a blockchain platform that can not only conduct transactions, but also run smart contracts. It is the second-highest cryptocurrency by market capitalization and a popular choice for decentralized application (dApp) development.

3. Stablecoin (USDT, BUSD, USDC)

A stablecoin is a cryptocurrency that anchors the value of a fiat currency, usually pegged to the U.S. dollar. They are designed to provide price stability, attracting investors wary of more volatile cryptocurrencies.

4. Binance Coin (BNB)

Binance Coin is a cryptocurrency issued by the Binance exchange. It can be used to pay transaction fees, participate in governance votes, and receive other benefits.

5. Cardano (ADA)

Cardano is a blockchain platform focused on scalability and security. It is one of the top ten cryptocurrencies by market capitalization and is considered a platform capable of competing with Ethereum.

6. Ripple (XRP)

Ripple is a cryptocurrency focused on cross-border payments. It is known for fast and low-cost transactions, making it a popular choice among financial institutions.

7. Dogecoin (DOGE)

Dogecoin is a cryptocurrency inspired by the Shiba Inu meme. Although initially considered a joke coin, it has gained a lot of attention and value.

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