Know the Top 10 Cryptocurrencies right Now and Their characteristics
With the launch of the new tokenized version of the original ERC20 standard, it’s hard to think of a better time for us to start looking at what’s considered to be the top 10 Cryptocurrencies in the market today. Although, some of the newer tokens, such as eOS or Stellar, are not currently being traded with the mainstream markets yet, they certainly have the potential to be very strong if they are released into the market in the future. The following is a short overview of how we rank them from one to ten.
We’ll begin this series with the top 10 by market price, ether (ETH). The top ten by trade volume, XRP, eOS, btc sv (BSV), eOS, stellar (XLM) and eOS have all closed within the lower half of their MA over the last 30 days. The highest priced in the top ten by volume is eBTC SV, followed by an eos. The next highest priced at this time is eBTC SV, followed by eBTC SV, stellar, and eBTC SV, respectively.
When it comes to market cap, ether has the largest market share, as well as a large amount of its market cap tied to its popularity as the second most traded digital asset in the world. It’s been a favorite amongst traders who are looking for a medium to long term investment, with the potential for large profits in the future. This has also attracted investors from around the world, which has helped the price of ether to appreciate to the point where it trades at an attractive discount to other major trading pairs.
With all the hype surrounding the upcoming launch of the new ether token, Bancor, we’re taking a close look at the top ten by trade volume. This is another case of an established trading pair that is gaining popularity and will likely continue to do so as investors look for a place to store their funds. It’s currently trading on its own in an OTC market, although it can be traded with many other currencies, such as eBTC. SV.
Next up is the ether, which is currently trading in a close third spot as the second most traded digital asset in the world. There are plenty of reasons for investors to be excited about ethereal, including the recent launch of its own native software platform, the Parity, which is intended to make developing new applications for ethereal much easier than it’s competing alternatives.
The good thing about ether is that the developers behind it have implemented measures that prevent users from spending too much on transactions. This helps to keep the overall supply limited, meaning that there will be a limited supply of coins. That limits the price per unit and encourages more people to get involved in the market.
The third best-known token is eOS. This is currently trading slightly lower than it’s historic highs, despite its high visibility on the exchanges. That’s a direct result of the news that eOS was recently announced as a project aimed at reducing the volatility associated with this particular digital asset. As eOS gains in market share, the price per unit should increase substantially.
Last is Stellar, which ranks fourth on our list because it’s also the first ever digital currency based on the Stellar Network. We’ve also included the two previous entries, ether and eBTC, as well as eOS in this category. as, well. The low price per unit, combined with the low volatility associated with eOS, make it one of the better bets for investors. This one is something to watch over the coming weeks as the Stellar network begins to mature.