There are dozens of different cryptocurrencies, ranging from Bitcoin and Ethereum to Dogecoin and Tether, which might be confusing when you’re just starting in cryptocurrency. We’ve put together the top 5 cryptocurrencies by market capitalization, which is how much total currency worth is now in circulation.
Because of the rule of supply and demand, market capitalization statistics are constantly changing. The values in the list below are for March 22, 2022, thus approximations.
Following each cryptocurrency, such as BTC, the acronym refers to its ticker symbol, which serves as a form of identification for trading reasons.
Bitcoin (BTC)—Market capitalization—$880 billion
Satoshi Nakamoto’s alias Satoshi Nakamoto founded Bitcoin (BTC) in 2009. BTC, like other cryptocurrencies, is based on a blockchain, which is a ledger that records transactions over a network of thousands of computers. Bitcoin is safe against fraudsters because modifications to distributed ledgers…
