Cryptocurrencies, often referred to as crypto coins, are digital or virtual currencies that use cryptography for security. Unlike traditional currencies issued by governments (like the US Dollar or Euro), cryptocurrencies operate on decentralized networks based on blockchain technology. This means they are not controlled by any central authority, making them theoretically immune to government interference or manipulation.

Thank you for reading this post, don’t forget to subscribe! 

Please support the blog by clicking ads and join the monetize programs , coming soon.

What are Top 10 Cryptocurrency coins today in the market

The following are the top 10 cryptocurrency coins in the markets this year and their market value according to sources. Some are big coins, so be careful when reading this:

1. Bitcoin: Symbol (BTC) and worth $71,800.03 as of second of Nov. 2024 .
2. Ethereum: Symbol (ETH) and worth $2,669.51 as of second of Nov. 2024.
3. BNB: Same symbol and worth $594.77 as of second of Nov. 2024.
4. Solana: Symbol (SOL) and worth $175.08 as of second of Nov. 2024.
5. Tether: Symbol (USDT) and worth $0.9995 as of do not bother when 🙂 .
6. USD Coin: Symbol (USDC) and worth $0.9999 as of second of Nov. 2024.
7. XRP: Same symbol and worth $0.5202 as of second of Nov. 2024.
8. Dogecoin: Symbol (DOGE) and worth $$0.1698 as of second of Nov. 2024.
9. TRON: Symbol (TRX) and worth $0.168 as of second of Nov. 2024.
10. Toncoin: Symbol (TON) and worth $4.96 as of second of Nov. 2024.

Here are some key features of cryptocurrencies:

• Decentralization: Most cryptocurrencies are decentralized and operate on a technology called blockchain, which is a distributed ledger enforced by a network of computers (nodes).
• Security: Cryptocurrencies use cryptographic techniques to secure transactions and control the creation of new units.
• Anonymity: Transactions can be made with a certain level of anonymity, although the degree varies between different cryptocurrencies.
• Global Transactions: Cryptocurrencies can be sent and received anywhere in the world, making them a global means of exchange.
• Limited Supply: Many cryptocurrencies have a limited supply, which can create scarcity and potentially increase value over time.

Bitcoin, created in 2009, was the first cryptocurrency and remains the most well-known and valuable. Since then, thousands of alternative cryptocurrencies have been developed, each with its own unique features and uses.

You can refer to other blogs I wrote for more about cryptocurrency