There are many cryptocurrencies in the world from Bitcoin to Ethereum Coin. If you want to step into the world of cryptocurrency, then you must have proper information about it. If you want to invest in cryptocurrency, then first talk to your financial expert. In this article, we are going to give you information about the top 5 cryptocurrencies.
What is cryptocurrency?
Cryptocurrency is a digital asset made of blockchain technology. According to research, by 2024, more than 9000 cryptocurrencies are available in the market and you can invest in all these cryptocurrencies.
In today’s world, apart from the stock market, people also want to come into the world of cryptocurrency, people are being attracted to the world of cryptocurrency. Nowadays, in the digital world, transactions have started happening in cryptocurrency as per normal currency.\
Top Five Cryptocurrency List of 2024:
Bitcoin (BTC):
Bitcoin is the oldest and most popular cryptocurrency in the world of cryptocurrencies. Bitcoin was a cryptocurrency that created a stir in the entire crypto world. From its modest beginning in 2008, this bitcoin made its mark but now it has reached such heights that probably no one could have guessed a few years ago.
In its early days, bitcoin was less than $1 but today in 2024 it is trading at more than 60 thousand dollars. This year, bitcoin is expected to reach greater heights. From 2023 to 2024, bitcoin has gained more than 150%.
Ethereum (ETH):
Ethereum coin is the most traded cryptocurrency after Bitcoin. Even today, people trust Ethereum coin after Bitcoin. Due to this trust of people and big companies, people are still holding and trading in Ethereum. In the coming days, there will be a huge increase in Ethereum Coin and people can benefit more from it. But we have already told you in this article and are still telling you that before investing in cryptocurrency, definitely talk to your financial expert.
Solana (SOL):
Solana has attracted its investors by promising fast transactions and low fees. After big cryptocurrencies like Bitcoin, Solana cryptocurrency is being considered a strong contender for better performance.
Till 2020, Solana’s trading had not started in the world of cryptocurrency, but after that, in a few years, it started showing its power and started climbing to the high. In 2021, Solana took only 0.01 percent share in the crypto market, but in the year 2024, Solana has become 2.98% of the multi-trillion dollar space.
Avalanche(AVAX):
While investing in crypto currency, people should understand that apart from Bitcoin, there are many good cryptocurrencies in the world of cryptocurrency. Apart from Bitcoin, all other cryptocurrencies have more risk. You can still invest in Avalanche (AVAX) cryptocurrency, people also like it.
Polygon (MATIC):
With a registration of about $ 7 billion, Polygon cryptocurrency has now been able to reach the 16th position in terms of market cap. This cryptocurrency is currently in less than 0.3% share, due to which Polygon has a very high chance of going higher. The Polygon network enhances the capabilities of Ethereum, due to which it is likely that people will trust it and invest more in it in the coming days.
Conclusion:
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