If you want to make money in cryptocurrency, you need to know what the most popular coins are and which ones are going to stay in the top ten. Bitcoin and Ethereum are currently the leading cryptocurrencies. However, it can be difficult to invest in these cryptocurrencies because they are highly volatile and can result in both gains and losses. That’s why research is essential if you want to avoid losing money. Instead of buying the top 10 coins this year, investors should look for coins that will still be in the top ten a year or decade from now.
TRON improved by two positions
With recent price volatility, the TRON price is still on the rise. This might be a result of its recent strategic investment in DeFine, a social NFT platform. This NFT ecosystem is set to create the first marketplace for the Tron token and launch auctions. Other strategic investments by Justin Sun have also helped Tron improve its position. However, the future of Tron remains uncertain. This article explores why the TRON price may have stabilized in the short term.
Stellar Lumens moved down three
While it has gained more exposure recently, Stellar Lumens is still a promising cryptocurrency. The decentralized protocol allows individuals, institutions, and payment systems to exchange any currency. It processes over a thousand transactions per second and costs less than a penny. It has a total supply of 50 billion Lumens, of which 24 billion are currently in circulation. The rest is held by the Stellar Foundation.
TRON dropped out following the Bitcoin Cash fork
Justin Sun is the founder and CEO of Tron and the company is widely regarded as an Ethereum clone. He has received a variety of accolades, including being named a 2014 Davos Global Shaper and being one of the only millennials to study at the Hupan University founded by Jack Ma, Co-Founder of Alibaba. He also has a distinguished academic record, having earned a degree from Peking University and the University of Pennsylvania.
Ripple made it back into the Top 10
After a tumultuous month, Ripple has climbed back into the crypto top 10 after gaining $10bn in value. This is an improvement for Ripple, which has remained at the bottom for the last three months. While the price of the top 10 cryptos fell during this period, they are still trading above $100bn. Ripple has also been gaining more market share than any other cryptocurrency in the past three months.
Shiba Inu broke out of crypto top 10 aftermarket crash
Despite a recent flash crash, Shiba Inu has bounced back and is now trading at $1.02, briefly topping Dogecoin. It remains in the top 10 cryptocurrencies based on market capitalization, with a rise of 133% over the last four days. It currently ranks as the 10th largest cryptocurrency by CoinGecko. This is impressive, considering its recent price crash.
USD Coin is a digital dollar that is pegged to the US dollar
USD Coin is a new digital currency, which is backed by $1 worth of U.S. dollar reserves. It was launched in September 2018 on a limited basis. This digital currency uses the Ethereum blockchain and an ERC-20 token to maintain a 1:1 price parity with the US dollar. It is also backed by cash and short-term U.S. Treasury bonds. USD Coin is backed by the Centre consortium, which includes Coinbase, Circle, and Bitmain.
Cardano is a cryptocurrency that is currently classified as commodities
Cardano is a cryptocurrency that utilizes smart contracts to carry out transactions when certain conditions are met. Its native coin, called ADA, is named after the 19th-century British mathematician, Ada Lovelace, who worked on Charles Babbage’s mechanical computer. She is widely considered the world’s first computer programmer. With the ADA token, users can delegate their voting rights to another person.