Crypto-currency experts are taking a close look at what is happening with the various cryptocurrencies and the blockchain-based asset management platforms they’re currently trading on.
The following article discusses some of the most prominent and controversial coins being traded on these platforms.1.
Monero – Crypto-Currencies: The first crypto-currency to make a splash on the global stage was created in 2017, when a group of developers from the Bitcoin Foundation decided to launch a decentralized cryptocurrency called Monero.
The project received support from the US government and major banks, and gained popularity over the next few years.
Today, the cryptocurrency has over 1.5 million active users and over $2.7 billion in market cap.2.
Litecoin – Crypto Currencies: Litecoin, the second-largest cryptocurrency on the list, was created back in 2018 as a way for developers to create a cryptocurrency that could be used to pay for goods and services.
This is similar to Bitcoin, and it was launched in the US as a currency, but later expanded to include a virtual currency that could also be used as a store of value.
In 2019, the project announced that it was accepting deposits and transactions of LTC, but the market caps of both coins have been falling steadily since then.3.
Dash – Crypto Currency: Dash, the third-largest cryptocurrencies on the Crypto-Currency List, was introduced in 2015.
It is one of the few cryptocurrencies to be able to be traded on major exchanges, but has not been able to sustain itself as a standalone crypto-curve.
This was due to several reasons, including a limited supply and a high trading volume.
Dash’s market cap fell by over 50% in 2019, to $1.3 billion.4.
Zcash – Crypto currency: Zcash was the first cryptocurrency to receive an official license from the Russian government in 2019.
The cryptocurrency gained popularity and popularity over time, and by the end of 2020, it was the second largest cryptocurrency by market cap, at over $1 billion.5.
Dogecoin – Cryptocurrency: Dogecoins are the fourth-largest crypto-coin on the List.
It was created as a tribute to Bitcoin’s creator, Satoshi Nakamoto.
The digital currency has a relatively low market cap of less than $600 million, and has seen its value fluctuate by up to $60,000 per coin.6.
Ripple – Crypto cryptocurrency: Ripple, which is based on the Ripple Protocol, was founded in 2016.
It allows its users to transfer between cryptocurrency and fiat currencies through an open-ended payment channel, with no minimum transaction amount.
Ripple has had a lot of success, and now the currency has over $4 billion in network value.7.
ZCash – Cryptolurrency: ZCash, the currency that was created by Ripple, was the third largest cryptocurrency on CoinMarketCap at the time of its launch in 2018.
The currency gained a lot more popularity over recent months, and its market cap has risen from just under $700 million in 2019 to $2 billion in 2020.8.
ZRX – Crypto currencies: ZR X is the fourth largest cryptocurrency.
ZX is an open source software project that allows users to create cryptocurrencies from scratch.
It has gained a significant amount of attention from both the public and private sectors, and recently became the fourth cryptocurrency to be listed on CoinmarketCap.
The price of ZX has fluctuated greatly in the past two years, from around $1,500 to $5,000 in the last week alone.9.
Ethereum – Cryptos: Ethereum, the next largest cryptocurrency, was first launched in 2017 as a technology that would allow developers to build blockchain applications.
However, it soon developed into a popular cryptocurrency, and is one the most popular cryptocurrencies on Coin Market Cap today.
Ethereum’s marketcap rose to more than $2 trillion in 2020, from less than 1 percent of the market at the beginning of the year.10.
Ripple-Cash – Crypto CURRENCIES: Ripple and Cash, two other cryptocurrencies, were the first crypto currencies to receive official licenses from the United States Department of Justice in 2019 and 2020.
The two coins have seen rapid growth over the past few years, and they are currently valued at more than half a trillion dollars.11.
LiteCoin – Crypto Cryptoligies: LiteCoin was the sixth largest cryptocurrency in 2020 and has remained at that position since.
Litecoins value has fluctuate greatly in recent months and it is currently trading around $4,000.12.
Monaco – CryptoCurrencies – Cryptostocks: Monaco, a blockchain-focused cryptocurrency, has been around for over two years and has achieved tremendous success.
The team behind Monaco is known for being highly collaborative and hardworking.
Monocle is an extremely scalable platform that offers a unique level of security and transparency.
MonaCoin was launched as a cryptocurrency, but its value has recently increased by nearly 90 percent.