Assalamu Alaikum
How are you all? Today I will discuss with you about 10 Popular cryptocurrency .I will try to present my experience. I am young and have very little experience so please excuse any mistakes.
Cryptocurrency is a type of digital currency. Cryptocurrency has become popular in different countries of the world including Bangladesh and India day by day. However, those who have little prior knowledge of cryptocurrency can be easily duped. Consumers who want to invest can get confused and have trouble making decisions. This is why you need to know about cryptocurrencies.
1. Bitcoin Bitcoin is the most popular of the cryptocurrencies. But like most cryptocurrencies, Bitcoin is also used on the blockchain. Bitcoin is the most secure and safe option from problems like hacking. Five years ago, a bitcoin cost $500. Currently it has increased to 45 thousand US dollars. 2. Cryptocurrencies are transacted through the Ethereum blockchain. Another cryptocurrency is Ethereum. It also increased from USD 11 to USD 3 thousand in a span of five years.
[Source](https://pixabay.com/photos/trading-blockchain-cryptocurrency-6531134/)
![trading-6531134_1280.jpg](https://cdn.steemitimages.com/DQmVnG4fyaivoWEYwS5J1dajUMuDT15c7Bbi1GpQAMFMDRj/trading-6531134_1280.jpg)
3. Binance Coin Binance Coin has taken a position among cryptocurrencies in the international market. Binance Coins can be used for trading and travel bookings. There is also an opportunity to use Binance Coins in trades or exchanges like Bitcoin.
4. Cardano Like other cryptocurrencies, Cardano is positioning itself on the digital platform. Currently the most talked about cryptocurrency is Cardano. It validates transactions through a sophisticated proof-of-stake process. As of the end of August 2021, its market cap was USD 69 billion.5. Tether The Tether blockchain network is becoming popular day by day due to its security. Tether is a stable coin with an m-cap of USD 64 billion. Tether is more stable and reliable than other cryptocurrencies.
6. XRP was created by the team behind digital technology company Ripple. It is essentially a variety of currencies; This includes fiat currencies. In addition, this cryptocurrency acts as a network developed to facilitate the exchange process of other major cryptocurrencies. At the end of August 2021, the market cap of XRP reached 52 billion USD.
7. Dogecoin was started as a mere fun, but Dogecoin has grown into a cryptocurrency worth more than $40 billion today. Interestingly, in 2017 the value of Dogecoin was 0.0002 USD and currently its value stands at 0.31 USD. That is, the price has increased by 1 lakh 54 thousand 900 percent in the last five years!8. Polkadot Polkadot comes to market in 2020. Within just one year, its price had risen from $2.93 to $25.61. In other words, the price has increased by 774 percent! Polkadot's USP is to build a cryptocurrency network that connects different blockchains so that they can work together. Currently, its m-cap is more than 25 billion USD.
[Source](https://pixabay.com/photos/coin-cryptocurrency-virtual-digital-3990806/)
![coins-3990806_1280.jpg](https://cdn.steemitimages.com/DQmb47jPFqC9KbdxHXsv1q3CmaV8XHSgBVZAc8b8WEd97Er/coins-3990806_1280.jpg)
9. USD Coin USD Coin is a type of stable coin with a market value of 23 billion USD and growing. It manages Ethereum and can be used for any global transaction.
10. Solana Solana's m-cap is over USD 20 billion and is still making headlines for its unique hybrid proof-of-stake and proof-of-history mechanism. Solana's hybrid proof-of-stake and proof-of-history mechanism helps to complete all transactions quickly and securely. The smart contracts that cryptocurrency networks use to transfer large amounts of currency tokens from one blockchain to another must maintain a sufficient supply of digital currency, so that customers can exchange tokens as needed.Today's discussion ends here. I hope you find it interesting and able to understand. Share your thoughts on today's topic. Wishes and blessings to all. Everyone stay well stay healthy stay with Steemit
Source
![hands-4348717_1280.jpg](https://cdn.steemitimages.com/DQmTYADnUU4pv4nvCgvfZiPjZTJ1uKMm1TCEqkXxvNg1xju/hands-4348717_1280.jpg)