Top 5 Cryptocurrencies by Market Cap, Investopedia

Bitcoin, the leading digital currency by market capitalization, has grown te value by more than Ten times at its highest point this year, but it has also seen significant plunges te value. Still, a number of cryptocurrencies have managed to come out on top. (See also: Bitcoin Price Takes Backstage spil Altcoins Rally.)

To say that 2018 has bot a big year for digital currencies would not start to do the industry justice. Te the span of just months, digital currencies have skyrocketed ter value, rente, and number. There are fresh digital currencies being launched to investors every week, and a hoard of blockchain-related startups have followed ter their footsteps, often bolstered by major fundraising efforts through ICOs.

Te the world of virtual currencies, fortunes tend to budge up and down quickly. The space is predominated by volatility above many other factors. Thesis are the largest digital currencies by market cap spil of mid-December, 2018.

1. Bitcoin

Bitcoin is the original cryptocurrency and it remains the go-to leader of the space. Spil of this writing, the market capitalization of the world’s top digital currency is more than $284 billion, with a price vanaf coin of almost $17,000.

There are toughly 16.7 million BTC te circulation, according to coinmarketcap.com. This is all ter spite of earlier speculation about a Flippening, te which other digital currencies would permanently take overheen the No. 1 spot. That has yet to transpire. (See more: “The Flippening”: Will Ethereum Take Bitcoin’s Place?)

Two. Ethereum

Ethereum, the digital token which prompted the rise of the initial coin suggesting, comes ter 2nd on our list of cryptocurrencies by market cap. It is significantly smaller than bitcoin, the current market cap is just timid of $70 billion, with a trading price of about $726 vanaf token. There are just overheen 96 million ETH tokens te circulation spil of this writing.

Trio. Bitcoin Metselspecie

Bitcoin metselspecie, the spin-off of bitcoin which launched spil a result of a hard fork, comes ter third on our ranking. The total market cap of this digital currency is about $28.Trio billion, with a market price of $1,681 vanaf coin and a total circulation of just under 17 million BCH.

Four. Ripple

The No. Four slot goes to the much-hyped Ripple, with a total market capitalization of more than $Legal billion. Unlike the top three digital currencies, the price of each XRP token is very petite. Spil of this writing, it’s just under 48 cents vanaf token. On the other palm, the total number of XRP ter circulation is fairly high. There are close to 39 billion tokens te circulation now.

Five. Litecoin

Rounding out the top five is Litecoin, with a market cap of $17.Three billion and a total circulation of more than 54 million tokens.

Related movie: Bitcoin Difficulty Increases By 21.39%