The 7 best-selling cryptocurrencies in 2020

New cryptocurrencies are popping up in the digital asset market every day. Since Bitcoin’s introduction in 2008 until today, more than 1,500 cryptocurrencies have been created to enable a wide range of investments. Some are more popular than others for financial and technical reasons, such as Ethereum, Bitcoin Cash, Tether or Ripple. In 2020, these leaders have a market cap of more than $ 10 billion with equally impressive daily trading volumes. Back to the 7 best-selling cryptocurrencies in 2020 according to Coinmarketcap.com.

After the « Bull Run » of 2017, in which Bitcoin hit a rating high of over USD 20,000 / token, the cryptocurrency market has grown significantly over the past three years despite a series of crises. These days, the health of cryptocurrencies is on fire and this is causing massive flows on the exchange platforms.

The New Economy Movement is a decentralized blockchain platform that uses a POI or Proof of Importance consensus. In contrast to the Proof of Stake (POS) consensus, the NEM ecosystem offers a rating of miners based on their number of transactions. Profiles with a high score are beneficial for running transactions, making the NEM closer to a POW (Proof of Work).

XEM is NEM’s native token that is used to operate the network. The cryptocurrency was founded in 2015 and has set itself the goal of offering the community more practical solutions through a variety of functions such as transactions, message exchange or the creation of digital assets. It should be noted that, unlike other platforms such as Bitcoin, the NEM blockchain can generate blocks in less than a minute.

The traceability of transactions on the NEM network has long discouraged traditional blockchain custodians, which is why the asset had a mixed start.

Today, NEM is widespread despite a relatively small market capitalization of 1.016.794.683 billion compared to the major cryptocurrencies. As of November 6, 2020, the price will be $ 0.1129 / token and the NEM is seeing a gigantic trading volume of $ 7,915,587,206 per day.

Tether (USDT) was created in 2014 as a Real Coin and is an atypical (for the time) cryptocurrency that is issued on various blockchains with a value indexed to the dollar. This is a category of so-called « stablecoin » investments, the main characteristic of which is to follow the trend of the foreign exchange market rather than that of trading in cryptocurrencies.

Thanks to its affiliation with the US dollar, Tether has not experienced any real crises in its history. Its value has always hovered around this currency, but its increasing acceptance has allowed it to reach the top of the stock market rankings.

As of November 6, 2020, Tether claims a capitalization of $ 16,991,244,809 for a daily trading volume of $ 57,156,883,511, which is also the number of tokens traded daily (1 UDST = $ 1).

XRP is the cryptocurrency of the Ripple platform, which was developed in 2012 to breathe new life into the world of payments. Unlike other assets, XRP is used as a medium for blockchain-free transactions and, at least in its infancy, is not intended for stock market speculation.

One of the great advantages of XRP is its protocol called « Ripple Protocol Consensus Algorithm », which validates transactions without proof of work and mining as in the Bitcoin or Ethereum networks. From this perspective, the operations are faster and allow users to use the asset as real currency.

In numbers, XRP has a market capitalization of $ 11,295,271,933 with a value of $ 0.2494 per token as of November 6, 2020. The daily trading volume is $ 6,193,909,729.

Litecoin (LTC) is an « open source » cryptocurrency, the functionality of which is derived from Bitcoin. It was created in 2011 and is an « improved » version of BTC due to its fast protocol that allows you to create (and transact) blocks every two minutes, with minimal transaction fees.

Litecoin is easy to use and accessible to retail investors. It has developed slowly but surely. In 2018, the cryptocurrency exchanges posted a record of selling and buying 200,000 LTC in 24 hours.

In 2020, the performance of the LTC ecosystem with a market cap of $ 3,987,465,842 with a daily volume of $ 3,678,473,748, or $ 60 / token as of November 6, 2020, is equally remarkable.

Ethereum (ETH) was inspired by Bitcoin, but technically operates under a different regime. Due to its stability and accessibility, Ethereum (ETH) is a very popular cryptocurrency in the community. In 2013, Vitalik Buterin outlined this in a whitepaper that highlighted decentralized applications (dApps) and smart contracts (smart contracts). Ethereum was only created in 2015 and quickly established itself as an alternative to BTC, which was already very expensive for small investors.

ETH’s boom years are between 2018 and 2019, when its price hit USD 1,400 / token before gradually falling back to the bottom of USD 100.

For 2020, Ethereum has still bounced back and appears to maintain its place as the leader in altcoins (other cryptocurrencies than Bitcoin) with a market cap of $ 48,500,090,610 and a daily trading volume of 17,743. $ 468,562 as of November 6, 2020.

Bitcoin is the cryptocurrency that emerged from a whitepaper entitled « A Peer-to-Peer Electronic Payment System » published by a mythical character named Satoshi Nakamoto (whose identity remains secret to this day) and is the most prolific in history to undoubtedly remain a leader in digital assets for the next decade.

Bitcoin (BTC) is considered the « gold standard » for cryptocurrencies and is the benchmark of the market, although technically it is ahead of other more fluid and accessible systems. Since 2008, the price of BTC has increased from less than $ 1 to $ 20,000 / token in 2017 and then to $ 15,000 / token in 2020.

As of November 6, 2020, the market capitalization is $ 287,046,739,700. At the trading level (sale / purchase via other cryptocurrencies or in currency) the daily trading volume is USD 74,279,992,214.

As the name suggests, Bitcoin Cash (BCH) is a Bitcoin-derived cryptocurrency that was aborted during a hard fork to create another network that has better transaction speeds and better fees.

BCH retains the excellent technical properties of Bitcoin (encoding), but offers a more flexible approach to block size. The latter ranges from 8MB to an unlimited size to accommodate up to 24,000 transactions per second.

With the current market, BCH ranks fifth among the largest cryptocurrencies with a market capitalization of USD 4,672,485,913. At the trading level, assets hit a high of $ 2,479,160,221 per day with a price of $ 251 / token as of November 6, 2020.

What are the cryptocurrencies of the future?

What are the cryptocurrencies of the future?

Cryptocurrency: 7 virtual currencies will follow in 2021

  • Bitcoin: the benchmark cryptocurrency. …
  • Ethereum: the most widely used bitcoin and crypto challenger. …
  • Binance Coin: The crypto that invites you to join the big leagues. …
  • Ripple: much more than a crypto, a passport for decentralized finance.

What are the different cryptocurrencies?

Bitcoin against other major cryptocurrencies

  • Bitcoin (BTC) Original cryptocurrency with currently the largest market capitalization. …
  • Bitcoin Cash (BCH) …
  • Ripple (XRP) …
  • Stellar (XLM) …
  • Ether (ETH) …
  • Litecoin (LTC) …
  • EOS (EOS) …
  • NEO (NEO)

Which currency should be mined in 2020?

Ether. Bitcoin’s perennial challenger, Ethereum, is also a cryptocurrency that you can mine. For the latter, however, the context is even more specific.

Which crypto for 2021?

Surname, surname Market capitalization Average price (USD)
Ethereum (ETH) + $ 22 billion $ 200
Ripple (XRP) more than $ 9 billion $ 0.21
Bitcoin Cash (BCH) + $ 4.8 billion $ 260
Tether (USDT) + $ 4.6 billion $ 1

What future for Ethereum?

The price of ether rose 483% in 2020. That’s more than Bitcoin, which rose + 303% over the past year. Ethereum’s valuation is now at $ 110 billion (570 billion for Bitcoin). In late 2020 and early 2021, many records will be signed in the cryptocurrency market.

What are the 10 largest cryptocurrencies called?

The 10 richest people in bitcoins and cryptocurrencies

  • 6 – Brian Armstrong ($ 900-1 billion)
  • 7 – Matthew Roszak ($ ​​900 million to $ 1 billion) …
  • 8 – Anthony Di iorio ($ 750 million to $ 1 billion) …
  • 9 – Brock Pierce ($ 700 million to $ 1 billion) …
  • 10 – Michael Novogratz ($ 700 million to $ 1 billion) …

Where can you invest on the 2021 stock exchange?

Name [code] Capgemini [GAP]
Change over 1 year (1) + 10%
Course about BNA 2021 (2) 15.7
Yield 2021 (3) 1.5%

What are the best cryptocurrencies?

What are the best cryptocurrencies?

What are the best cryptocurrencies of the year?

  • Bitcoin u2013 cryptocurrency No. 1. …
  • Ethereum u2013 cryptocurrency # 2. …
  • Ripple u2013 cryptocurrency No. 3. …
  • Bitcoin Cash u2013 cryptocurrency # 4. …
  • Litecoin u2013 cryptocurrency No. 5. …
  • Cardano u2013 cryptocurrency No. 6 …
  • NEO u2013 cryptocurrency No. 7. …
  • 1- Go to the Alvexo online trading platform:

What is the most profitable cryptocurrency?

In our opinion, the most promising cryptocurrencies for 2020 and the coming years are the Tezos (XTZ), the Stellar Lumens (XLM) and the ChainLink (LINK), the prices of which have risen sharply in recent months.

Which altcoin should I buy?

In both cases, here is CoinIdol’s selection for the top five cryptocurrencies on the market to invest in in 2020.

  • Ethereum (ETH) …
  • Bitcoin (BTC) …
  • Ripple (XRP) …
  • Litecoin (LTC)

What is the future of bitcoin?

JP Morgan believes the price of Bitcoin could hit $ 146,000 in the long run. In a notice released on Jan. 4, 2020, financial holding JP Morgan estimates that the price of Bitcoin could hit $ 146,000 in the long term. …

Which cryptocurrency to buy in 2020?

6 cryptocurrencies to buy for 2020 and beyond

  • Bitcoin (BTC) First of all, I’m not going to be original, but rather efficient. …
  • Basic Attention Token (BAT) The success of Basic Attention Token never fluctuates month after month. …
  • Enjin Coin (ENJ) …
  • Binance Coin (BNB) …
  • Nexo (NEXO) …
  • Ethereum (ETH)

How to invest in Bitcoin in 2020

How do I invest in Bitcoin in 5 steps?

  • Register with Bitcoin Trader using this link.
  • Create an account on the broker platform.
  • Fund your account.
  • Select Bitcoin and click « Buy ».
  • Open a Bitcoin trading position.

Where can you buy cryptocurrency?

B-TOP 5 of the best websites to buy cryptocurrency in France

  • Buy cryptocurrency on Binance. …
  • Buy Bitcoins, Ethereum and Litecoin on Coinbase. …
  • Coinhouse or the place of home of Bitcoin. …
  • Buy bitcoins on Bitit. …
  • Buy cryptocurrencies from VirWox.

The 7 best-selling cryptocurrencies in 2020
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