Market cap is an important metric that measures the value of crypto. So, let us take a look at the five top cryptocurrencies with high market caps. That way, it will be easier for you to decide which crypto you want to invest in.
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#1 Bitcoin (BTC)
Bitcoin is a digital currency that can be used to pay for goods and services.
You can purchase Bitcoin from an exchange with your bank account. Alternatively, you can use an ATM to buy or sell bitcoin for cash, or you may decide to have someone sell it to you directly. You should also consider using a safe storage solution such as a hardware wallet if you intend on holding large amounts of cryptocurrency.
Cryptocurrency has been around since 2009, and it’s here to stay — it’s being increasingly utilized by businesses and individuals alike, so the future of this coin looks bright. Many people believe that BTC is the future of payments because they want to avoid paying transaction fees charged by middlemen like banks and credit card companies.
That said, the price per coin has gone up significantly over the years, making it more expensive than other coins. If you would prefer not to invest in a cryptocurrency that fluctuates heavily or are looking for something cheaper with less volatility but similar potential returns, continue reading about coins with higher market caps below!
#2 Ethereum (ETH)
If you are looking for a cryptocurrency with some of the most advanced features, Ethereum is a top choice. This blockchain-based platform provides smart contracts and allows you to create your tokens. The following information should help you make an informed decision about whether Ethereum is a good investment.
The Ethereum blockchain uses smart contracts to execute specific operations when certain conditions are met. For example, if stocks have reached a certain price, the contract will sell them automatically. Smart contracts also allow developers to set up agreements that self-execute when all necessary parties sign the contract by paying in Ether (ETH). This feature makes it much easier for developers to build decentralized applications on top of the Ethereum blockchain without having to write thousands of lines of code manually.
Ethereum has gained popularity thanks in part due to its ability to host ICOs (initial coin offerings). This feature makes it easier than ever before for businesses all over the world to raise money by selling their cryptocurrencies based on Ethereum’s underlying technology, and investors can buy into these new currencies using ETH or fiat currency like US dollars!
#3 XRP (XRP)
XRP is one of the oldest digital currencies. The creators of this cryptocurrency launched it in 2012 to solve issues with cross-border payments and the money transfer industry.
XRP stands for Ripple protocol, and it’s the currency used by Ripple Labs. The main purpose of XRP is to be used as a payment method that can facilitate fast transactions with low fees. In other words, its goal is to enable banks and financial institutions to clear international payments in real-time at a fraction of the cost they are paying now. This makes XRP an appealing option for any investor looking for a solid cryptocurrency investment in 2019 and beyond.
When you buy Ripple (XRP), you have access to a currency that is accepted on several popular crypto exchanges, making it easy to trade cryptocurrencies with minimal effort. ProTip: Before exchanging your hard-earned cash for this currency, conduct sufficient research on its pros and cons
#4 Polkadot (DOT)
What is DOT?
You may be familiar with the Polkadot network, a new cryptocurrency that came onto the scene on May 26. The highly anticipated project was created by Gavin Wood, one of the original co-founders of Ethereum, and aims to help other cryptocurrencies communicate seamlessly.
As an open-source platform for connecting different blockchains, Polkadot’s goal is to allow blockchains to share security and interoperability. Ethereum can only process about 15 transactions per second; by comparison, Visa’s global payment system can process up to 24,000 transactions per second and has been reported to handle up to 56,000 transactions per second at peak times.
Polkadot aims to solve this issue by allowing developers to build applications (or “parachains”) on its blockchain that can scale efficiently without compromising the centralization of security. In other words, Polkadot allows developers and companies greater flexibility in designing their custom blockchains without worrying about how they will interact with other networks.
Now, you might have questions like how to buy DOT or why you should buy DOT. You can find the answers to your question in this post on how to buy Polkadot.
#5 Cardano (ADA)
Cardano (ADA) is the cryptocurrency for the Cardano blockchain, a smart contract platform. It was founded in 2017 by Charles Hoskinson, former co-founder of Ethereum and CEO of IOHK. The Cardano blockchain features advanced security protocols and can run decentralized applications and smart contracts.
ADA is a proof-of-stake cryptocurrency that can be used to pay for transactions on the network or as an investment in the success of Cardano itself. ADA holders can also stake their coins to vote on protocol changes to the blockchain, earning more coins in return.
It is always a wise idea to buy crypto based on its market cap. Since the market cap for all these coins is stable, you can invest in them without any worries.