Hello, this is Anfelia_Investment. I'm here to talk to you about the top 5 cryptocurrencies to invest with #BinanceSquare According to data from CoinMarketCap¹, the top 5 cryptocurrencies by market capitalization are:
Bitcoin (BTC): The first and most famous cryptocurrency, created in 2008 by #satoshinakamoto It is a decentralized digital currency that works without intermediaries or central authorities. Its value is based on supply and demand, and its price has reached all-time highs in recent months. Currently, a $BTC is equivalent to $37,050.83 USD and has a market capitalization of $724.24B USD¹.
Ethereum (ETH): The second most popular cryptocurrency, launched in 2015 by #vitalikbuterin It is an open source platform that allows the creation of smart contracts and decentralized applications (dApps) based on blockchain technology. Its native currency is ether (ETH), which is used to pay for transactions and services on the network. Currently, one ETH is equivalent to $2,017.27 USD and has a market capitalization of $242.49B USD¹.
Tether (USDT): The third largest cryptocurrency, created in 2014 by Tether Limited. It is a stablecoin that is pegged to the value of the US dollar (USD), meaning that each USDT is equivalent to one USD. Its goal is to facilitate the exchange between #Criptomonedas and fiat currencies, as well as provide a store of value and a unit of account. Currently, one USDT is equivalent to $1.00 USD and has a market capitalization of $88.79B USD¹.
Binance Coin (BNB): The fourth most relevant cryptocurrency, created in 2017 by Binance, the largest cryptocurrency exchange in the world. It is a utility currency used to pay fees and services on the Binance platform, as well as to participate in community projects and initiatives. It can also be used to access other #Binance based networks and applications such as Binance Smart Chain and Binance DEX. Currently, a $BNB is equivalent to $225.93 USD and has a market capitalization of $34.27B USD¹.
XRP (XRP): The fifth most prominent cryptocurrency, created in 2012 by Ripple Labs. It is a digital currency used to facilitate cross-border transactions and international payments quickly, securely and cheaply. Its network, called RippleNet, connects banks, financial institutions, companies and individuals around the world. Currently, one $XRP is equivalent to $0.6005 USD and has a market capitalization of $32.32B USD¹.
These are the top 5 cryptocurrencies that you should know if you want to invest in the future of finance. With Binance Square, you can buy, sell, store and manage these and other cryptocurrencies easily, securely and conveniently. Binance Square is a cryptocurrency investment and education platform that offers you the best tools, resources and opportunities to harness the potential of this emerging market. Sign up today and get a $50 welcome bonus on your first cryptocurrency purchase. Don't miss this opportunity and join the cryptocurrency revolution with Binance Square.
BIBLIOGRAPHIC REFERENCES
(1) Prices and data of today's top 100 cryptocurrencies.... https://coinmarketcap.com/es/coins/.
(2) Top 100 Cryptocurrencies by market capitalization. https://coinmarketcap.com/es/.
(3) Of the 100 most famous cryptocurrencies, only 6 have risen in 2022 - ADSLZone. https://www.adslzone.net/noticias/fintech/subidas-2022-top-100-criptomonedas-mas-famosas/.
(4) The 7 most important cryptocurrencies in the world - Entrepreneurs. https://emprendedores.es/gestion/criptomonedas-mas-importantes/.
