Cryptocurrency is One of the booming topics today. Everyone is talking about cryptocurrencies and are investing lots of money in different cryptocurrencies. Let’s discuss the top 5 cryptocurrencies that you want to buy before 2021 ends.

What is Cryptocurrency?

Cryptocurrencies, also known as virtual currencies or digital currencies, are a form of electronic money. They do not physically exist as coins or notes. A cryptocurrency unit, such as a bitcoin or ether, is a digital token. There is no physical coin or bill unless you use a service that allows you to cash in cryptocurrency for a physical token.

In the world of cryptocurrencies, there’s always something exciting going on. The crypto world is, at its core, a place of capital “B” big ideas. The Bitcoin white paper, published in 2009, describes a peer-to-peer, decentralized, scarce electronic global money that bypasses print-happy central banks as well as moral hazard-ridden financial institutions and middlemen. After a decade, the crypto industry has grown to over $2 trillion in value, with thousands of digital currencies and projects to pick from.

Which are the current top 5 CryptoCurrencies?

** Based on Market Cap As of ( 10/26/2021)

1. Bitcoin (BTC) – Market Cap: 1.178T
2. Ethereum(ETH) –  Market Cap : 496.371B
3. Binance Coin(BNB) – Market Cap : 80.77B
4. Cardano (ADA) – Market Cap : 71.654 B
5. Solan(SOL) – Market Cap : 62.030B

• Bitcoin (BTC) – Market Cap: 1.178T

Created in 2009 by someone under the pseudonym Satoshi Nakamoto, Bitcoin (BTC) is the original cryptocurrency. As with most cryptocurrencies, BTC runs on a blockchain, or a ledger logging transactions distributed across a network of thousands of computers.

• Ethereum(ETH) –  Market Cap : 496.371B

Ethereum emerged as a force to be reckoned with in 2015 and is perhaps the only other token with any business being regarded as blue-chip crypto. Ethereum’s market share in the embryonic and rapidly growing field of decentralized finance, or Defi, is steadily eroding Bitcoin’s market share in the entire crypto market.

• Binance Coin(BNB) – Market Cap : 80.77B

Binance Coin has grown beyond simply conducting deals on Binance’s exchange platform since its introduction in 2017. It can now be used for trade, payment processing, and even making travel reservations.The Binance Coin is a form of cryptocurrency that you can use to trade and pay fees on Binance, one of the largest crypto exchanges in the world.

• Cardano (ADA) – Market Cap: 71.654B

Cardano is a blockchain platform started in 2017,for changemakers, innovators, and visionaries, with the tools and technologies required to create the possibility for the many, as well as the few, and bring about positive global change.

• Solan(SOL) – Market Cap : 62.030B

Solana is a public blockchain platform founded in 2018. It is open-source and decentralized, with consensus achieved using proof of stake and proof of history. Its internal cryptocurrency is SOL. Bloomberg considers Solana to be “a potential long-term rival for Ethereum”.

♥Note: There are risks of financial loss while trading cryptocurrencies, do your research before investing/treading.♥