Popular Cryptocurrencies: These are the 5 most popular cryptocurrencies in 2021

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Cryptocurrency is not something new, it has become a topic of discussion in the last few months. In India too, the interest of investors in the cryptocurrency market has increased considerably. There have been tremendous fluctuations in the cryptocurrency market in the recent few weeks. There was also a market crash on Wednesday and now the wounds of the market are also recovering. Cryptocurrency is extremely diverse. If you understand blockchain technology, you too can launch your own cryptocurrency. There are currently over 1600 cryptocurrencies listed on cryptocurrency exchanges and it continues to grow. Some of these new and increasingly popular crypto coins are Dogecoin (DOGE), Shiba Inu (SHIB), Cardano (ADA). The two biggest cryptocere of cryptocurrency and the oldest crypto coins are Bitcoin (BTH) and Ethereum (ETH). In the last few years, Ripple (XRP) has also proved its competence to cryptocurrency investors. Apart from this, there are many other crypto coins, which have become very popular in the recent past and are currently sitting in the market making a value of billions of rupees. Let’s know about them.

Most Popular and Top Cryptocurrency 2021

Bitcoin

Bitcoin is the only coin that created this digital market. It started in 2009. A person or group working on the blockchain technique named Bitcoin Satoshi Nakamoto. The real identity of this person has not yet been revealed to the world. It may also be that it is only one person or a group of many people. Bitcoin is the most popular crypto coin at the moment. The highest price (all time high) of this coin so far has been $ 64,829 (Rs 43.7 lakh in India) and till the time of writing the news, its total market cap was Rs 54,340 billion.

Ethereum (Ether)

If a cryptocoin is the most popular after bitcoin, it is Ethereum and is also quite different from bitcoin. Actually, Ethereum is the name of the blockchain platform and its cryptocoin is named Ether. It is a utility cryptocurrency offered as a payment to use the Ethereum platform. Many Dapps (decentralize applications) are built on the Ethereum blockchain platform. These can also be games and initial coin offerings (IPOs of the world of cryptocurrency). Ethereum’s all-time high has been around Rs 3.2 lakh and its market cap till the time of writing the news was Rs 23,000 billion.

Ripple XRP

At number three we can put Ripple (XRP) without hesitation. Till now it is considered to be a very secure utility coin and has also got the support of many banks from the beginning. Many transfer services built on Ripple’s blockchain platform have grown tremendously over the years. Many investors and cryptocurrency experts believe that Ripple may become part of the traditional financial system in the future. At the time of writing the news, its market cap was Rs 8,200 billion and its all-time high has been Rs 248.56.

Litecoin

Litecoin is another big name, which is considered a rival of Bitcoin. This coin is considered to be a better coin than Bitcoin for payment in Romerra’s life. It is also transacted through a P2P (peer-to-peer) network, which is faster than Bitcoin, which also means that it may also be preferred by merchants in the future. Although Bitcoin has not been adopted by governments and banks at the moment, people consider it better to invest money on Bitcoin. At the time of writing the news, its market cap was Rs 1,000 billion and its all-time high has been around Rs 30,242.

Cardano

Cardano also needs to be added to this list. This coin has made investors very happy in the past and experts believe that it can perform very well in the future. Behind it is Charles Hoskinson, a member of the team that created Ehereum. The team behind Cardano says that it is built on blockchain better than other blockchains. It is also known as “Ethereum killer”. Although it is currently in its early stages and is a new cryptocurrency, it has received a lot of love in the recent past. At the time of writing the news, its market cap was Rs 4,000 billion and its all-time high was Rs 180.50.

note: All the data mentioned above are taken from CoinDesk’s database.

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