What are the top 10 cryptocurrencies?
What are the top 10 cryptocurrencies? According to official news, on November 16
What are the top 10 cryptocurrencies? According to official news, on November 16, 2018, the Huobi Research Institute released the “Top 10 Currency Systems and Application Evaluation Index” series of reports. The report pointed out that “in the field of digital finance, encryption technology has immeasurable application value.” And these assets are called “gold mines”. Therefore, the “Top 10 Currency Systems and Application Evaluation Index” fundamentally analyzes their respective advantages and disadvantages; and provides investment advice to investors. It believes that firstly, Bitcoin is the only blockchain platform that can publicly raise funds without ICO projects or token issuance financing. Secondly, Bitcoin Cash (BCH), Ethereum Classic (ETC), and other similar projects belong to this category. Thirdly, Litecoin (LTC), characterized by high price stability and support for transaction mining. Fourthly, Monero (XMR). Fifthly, EOS is a cryptocurrency currently ranked 9th in terms of market value.
Top 10 Cryptocurrencies
According to bitcoinist news, based on BitInfoCharts data, the top 10 cryptocurrencies saw an increase of over 1000 times in market value between May and August 2019. The top three in ranking are BTC (5.4%), ETH (2.83%), XRP (2.2%), USDT (10%), and LTC (4.8%). It is worth noting that the prices of these three types of assets are much lower than the price of Bitcoin.
From the current situation, the cryptocurrency market is still in a bear market; although there have been recent pullbacks, the trend remains strong and continues to rise. However, with the continuous decline in the market this year, people’s confidence in this industry is decreasing.
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