It is fairly simple to search out out what the highest cryptocurrency is at any given time: primarily, it is Bitcoin. Nonetheless, the market strikes so shortly that it is so much more durable to maintain up with what’s occurring under.
That is as a result of whereas everyone knows about Bitcoin and the way wealthy we’d be right this moment if we’d invested in it 10 years in the past, there are tons of, if not 1000’s, or different cryptocurrencies. Many are various — supposedly improved — variations of Bitcoin, however others, like Ethereum, Cardano and Chainlink, are far more than only a foreign money. After which there’s Dogecoin — which began off as a joke however is now some of the precious cryptocurrencies of all.
Whether or not you are pondering of investing or are simply intrigued by this new monetary world, it is properly price discovering out what the highest cryptocurrency performers are. And in contrast to 10 years in the past, we now know that it’s a legit asset, as huge banks, funds, and thousands and thousands of people embrace crypto of their funding portfolios.
Newest cryptocurrency information (up to date Might 12)
What’s the high cryptocurrency by worth?
So, which is the highest cryptocurrency proper now? One strategy is to take a look at market capitalization — primarily the whole greenback worth of an organization’s shares of inventory. And in that regard, it is laborious to see past Bitcoin and Ethereum, which have sizable leads over their respective competitors.
You can even take a look at the value of a person cryptocurrency share, or coin, which is beneficial for understanding how properly (or in any other case) a crypto is performing, but it surely does not all the time inform the complete story. So we’re sticking with market cap for this information to the highest cryptocurrency performers proper now.
That mentioned, lots of the different crypto tasks listed under are tremendous fascinating and positively price wanting additional into. And with new cryptocurrencies corresponding toand arising seemingly day-after-day, we’ll be updating this high cryptocurrency listing often.
EDITOR’S NOTE: This roundup doesn’t represent funding recommendation and you have to be conscious that purchasing cryptocurrency, like several funding, includes danger. Actually, cryptocurrency is in some methods extra of a danger than different investments, because of the large rises and falls within the worth of even the highest cryptocurrencies. We might advocate by no means spending greater than you may afford to lose.
With that caveat in thoughts, listed here are all the highest cryptocurrencies (by market cap as of Might 8) and the tales behind them.
1. Bitcoin (BTC)
Bitcoin market cap: $1.04 trillion
Bitcoin worth: $54,275
The Bitcoin story:has been round since 2008 and is the blue chip cryptocurrency. It has, by far, the biggest market cap, the best coin worth, and the biggest community of customers.
Bitcoin was created by an unknown individual or group who goes by the title of Satoshi Nakamoto. It was speculated to be the money of the longer term, and though you should utilize it right this moment to buy many items and providers, you wouldn’t use it to purchase a cup of espresso as a result of the price of the transaction could be too excessive.
Consider Bitcoin as a substitute just like the gold of the longer term: not likely helpful for every day transactions, however you wish to have some for its saved worth. It’s additionally like gold in that it has a restricted provide, which is without doubt one of the issues that makes Bitcoin so enticing to buyers: a complete of 21 million Bitcoins will ever be launched, which makes Bitcoin inflation-proof.
Bitcoin efficiency historical past: Like all cryptos, Bitcoin began out price nearly nothing. In 2017 it took off from below $1,000 to over $20,000, however inside a yr was down round $4,000. In late 2020 it started skyrocketing once more, this time from round $10,000 to the $55,000-plus orbit it’s in right this moment.
Easy methods to purchase Bitcoin: Bitcoin could be bought on crypto exchanges corresponding to Coinbase, Binance, and Kraken; at Bitcoin ATMs; on PayPal; and on. Don’t be postpone by the excessive value of a coin: you may make investments as little as $25 in Bitcoin on Coinbase.
2. Ethereum (ETH)
Ethereum market cap: $458 billion
Ether worth: $4,070
The Ethereum story: If there’s one other contender for the highest cryptocurrency title, it is. But it surely doesn’t compete with Bitcoin. It’s essential to notice that many so-called cryptocurrencies aren’t straight-up currencies like Bitcoin. Some, like Ethereum, are as a substitute distinctive applied sciences that even have a coin part. In Ethereum’s case, its foreign money is named Ether, and it may be utilized in functions run on the Ethereum platform.
Ethereum is the chief in what’s often known as these “sensible contract” platforms. Whereas Bitcoin was created for one use case — as a foreign money — Ethereum was based by Vitalik Buterin in 2015 with greater and broader ambitions. The blockchain it runs on is programmable, that means it may well run applications, or apps, in a decentralized manner, i.e., on thousands and thousands of computer systems directly. This opens up many potential use circumstances, from know-how and finance to gaming and collectibles, making Ethereum a sexy funding.
Ethereum efficiency historical past: Prior to now yr, Ethereum’s value has shot up from round $200 to properly over $3,000. Actually, it lately handed $4,000 for the primary time in early Might and reached an all-time excessive of greater than $4,350 earlier right this moment.
Easy methods to purchase Ethereum: You should purchase ETH on the main crypto exchanges, Robinhood, and PayPal.
3. BinanceCoin (BNB)
BinanceCoin market cap: $96 billion
BinanceCoin worth: $641
The BinanceCoin story: BinanceCoin was launched in 2017 by thecryptocurrency change, the world’s largest crytpo change by quantity. Throughout its preliminary coin providing (ICO), it bought 100 million cash to the general public at $0.15 per coin. BinanceCoin can be utilized to pay transaction charges on the Binance change, to commerce for different cryptocurrencies, and to pay for some items and providers. Each quarter, Binance makes use of 20% of its income to purchase again and destroy BinanceCoins. It will proceed till Binance buys again and destroys 50% of the whole provide, making its coin scarcer and subsequently extra precious.
BinanceCoin efficiency historical past: Since launching in 2017, BinanceCoin has made an extended, gradual climb to about $60 a coin, earlier than capturing upwards in February 2021. As of right this moment (Wednesday, Might 12) it was buying and selling within the $640 vary.
Easy methods to purchase BinanceCoin: One of the best place to purchase, promote, commerce, and maintain BinanceCoin is… Binance!
4. Tether (USDT)
Tether market cap: $57.2 billion
Tether worth: $1
The Tether story:is exclusive among the many choices in our high cryptocurrency listing: it is the chief within the class of cryptocurrency often known as “secure cash.” Why secure? As a result of they’re pegged to a standard foreign money, on this case the US greenback.
For buyers, these tokens supply the joint advantages of open blockchain know-how and conventional foreign money. Tether was launched in 2015 and operates on the Ethereum platform. USD Coin is one other secure coin, and plenty of crypto people suppose it’s a safer wager than Tether, citing a higher transparency.
Tether efficiency historical past: One Tether token = one USD. All the time has, all the time will.
Easy methods to purchase Tether: Purchase, promote, and use Tether tokens at Coinbase, Binance, Kraken, and different main crypto exchanges.
5. Dogecoin (DOGE)
Dogecoin market cap: $57.2 billion
Dogecoin worth: $0.46
The Dogecoin story:payments itself as “the enjoyable and pleasant web foreign money.” Launched in 2013 by software program builders Billy Markus and Jackson Palmer as a satire of Bitcoin and the exploding recognition of crypto, it’s principally a Bitcoin clone with a cute canine meme for a mascot.
Dogecoin has no actual use (although some folks use it to offer small recommendations on social media), but it surely’s developed a rising fanbase that’s boosted the value of a Dogecoin from lower than a penny a number of months in the past to about $0.61 right this moment, making it one of many high cryptocurrency performers by market cap if nothing else. Dogecoin additionally began what’s now often known as the “memecoin” house. In the event you’re in search of the subsequent huge memecoin, it may very well be SafeMoon, which launched in March 2021 and already has over 1,000,000 customers. SafeMoon encourages buyers to purchase and maintain by imposing a ten% price on anybody who sells their tokens.
Dogecoin efficiency historical past: In early 2021, Dogecoin crossed the $0.05 threshold for the primary time, then went to the moon in April, lately buying and selling at an all-time excessive of $0.70. Itfollowing Elon Musk’s look on Saturday Evening Reside, however has since rallied barely and is at the moment at $0.46.
Easy methods to purchase Dogecoin: You should purchase Dogecoin on Robinhood and lots of the main crypto change like Binance and Kraken, but it surely’s not obtainable on Coinbase.
6. Cardano (ADA)
Cardano market cap: $53.3 billion
Cardano worth: $1.72
The Cardano story:, based in 2017, is one other Ethereum-like contender for the highest cryptocurrency crown: a blockchain platform that helps functions, programs, and real-life enterprise use circumstances. It’s a promising know-how however, like all of the others, has plenty of catching as much as do with Ethereum when it comes to its community measurement.
What makes Cardano distinctive is that it’s the first blockchain platform to evolve out of a scientific philosophy and a research-first pushed strategy. The event workforce consists of a giant world collective of knowledgeable engineers and researchers, and the platform was constructed by peer-reviewed analysis.
Cardano efficiency historical past: Cardano was cruising alongside at about $0.10 from its founding in 2017 till early 2021, when it jumped to properly over a greenback and was lately buying and selling at $1.72.
Easy methods to purchase Cardano: Cardano could be bought on Coinbase, Binance, Kraken, and plenty of different crypto exchanges.
7. XRP/Ripple (XRP)
XRP/Ripple market cap: $47.7 billion
XRP worth: $1.41
The XRP/Ripple story:’s declare to fame is that it is the quickest digital asset, enabling close to real-time world funds anyplace on the planet. As such, some cost suppliers use XRP to broaden their attain, decrease overseas change prices, and settle funds extra shortly.
XRP was launched in 2012 by a trio of builders, who then created a non-public firm known as OpenCoin, now known as Ripple Labs, and gifted it 80 billion XRP. That is what makes XRP distinctive — it’s, primarily, a for-profit platform, not like nearly each different crypto undertaking on the planet.
Purchaser beware: in late 2020, the US Securities and Change Fee filed go well with towards Ripple and its two cofounders, claiming they raised over $1.3 billion by an unregistered, ongoing digital asset securities providing (aka XRP). The lawsuit remains to be unsettled.
XRP efficiency historical past: Other than a blip of a spike in December 2017-January 2018, XRP didn’t crack the $0.60 threshold till 2020. As of Might 12, 2021, it was buying and selling at $1.41.
Easy methods to purchase XRP: The simplest strategy to buy XRP is on one of many huge crypto exchanges corresponding to Coinbase, Binance, or Kraken.
8. Web Pc (ICP)
Web Pc market cap: $36.7 billion
Web Pc worth: $297
The Web Pc story: Web Pc solely formally launched on Might 10, 2021, but it surely instantly jumped into the Prime 10 listing of the most important cryptocurrencies by market cap. And that is no shock, as a result of Web Pc, or ICP, is a giant deal. In keeping with, it is “the world’s first blockchain that runs at internet velocity with unbounded capability” and in addition “the third main blockchain innovation, alongside Bitcoin and Ethereum.”
Daring claims, certainly, however ICP — which was created by tech startup— is an bold undertaking that seeks nothing lower than the . Round 469 million ICP tokens had been issued on its launch, of which roughly 26% are anticipated to be in circulation.
Web Pc efficiency historical past: ICP loved a stellar launch on the open market, leaping from $0 to $488 in a day. It then fell again sharply and is at the moment buying and selling at round $300.
Easy methods to purchase Web Pc: ICP is already obtainable on Coinbase and is predicted to come back to Binance and different crypto exchanges quickly.
9. Polkadot (DOT)
Polkadot market cap: $35.2 billion
Polkadot worth: $39
The Polkadot story: A lot of the highest cryptocurrency tasks have lofty objectives, however’s is without doubt one of the loftiest: to “allow a totally decentralized internet the place customers are in management.” Launched in 2020, Polkadot is the flagship undertaking of the Swiss Web3 basis. If Net 1.0 was commerce, and Net 2.0 was social, consider Web3 as decentralization. Polkadot’s know-how stitches collectively completely different blockchains, enabling them to change info and transactions and function collectively seamlessly.
Polkadot efficiency historical past: This crypto was buying and selling at a few nickel till late 2020, when it took off (cease us in case you’ve heard this one earlier than) and was lately buying and selling at $39.
Easy methods to purchase Polkadot: Purchase Polkadot on main crypto exchanges corresponding to Coinbase, Binance and Kraken.
10. Bitcoin Money (BCH)
Bitcoin Money market cap: $25.9 billion
Bitcoin Money worth: $1,413
The Bitcoin Money story: Do not be confused by the title, as a result ofis a totally completely different cryptocurrency to Bitcoin. That mentioned, it does owe its existence to the market chief, in that it was created by a bunch of builders intent on bringing down the price of Bitcoin transactions. An extra break up then resulted within the creation of .
Bitcoin Money efficiency historical past: Bitcoin Money has plenty of catching as much as do to Bitcoin when it comes to the scale of its community. After reaching a excessive of almost $4,000 again in 2018, it then dropped significantly and settled to round $300-400 for the subsequent couple of years. A giant soar in latest weeks has seen it climb again to greater than $1,500, though it is at the moment at round $1,410.
Easy methods to purchase Bitcoin Money: You should purchase Bitcoin Money on main crypto exchanges corresponding to Coinbase, Binance and Kraken.
11. Litecoin (LTC)
Litecoin market cap: $22.8 billion
Litecoin worth: $353
The Litecoin story:, created in 2011 by Charlie Lee, is without doubt one of the earliest Bitcoin clones, aka “altcoins,” and is a well-established crypto. It was developed with a deal with velocity, effectivity, and wider preliminary coin distribution than Bitcoin. For instance, Litecoin transactions are confirmed each two and a half minutes, which is 4 instances extra continuously than Bitcoin transactions. One other distinction: Litecoin has a provide cap of 84 million cash, precisely 4 instances Bitcoin’s — that is what makes many buyers consider Litecoin because the silver to Bitcoin’s gold.
Litecoin efficiency historical past: Litecoin spiked briefly over $300 in late 2017 earlier than dipping as little as $25 in 2019. In late 2020, it started one other ascent and lately handed the $400 mark for the primary time, though it is since dropped again to about $350.
Easy methods to purchase Litecoin: Litecoin could be bought on any main crypto change, in addition to on Robinhood and PayPal.
12. Uniswap (UNI)
Uniswap market cap: $20.7 billion
Uniswap worth: $40
The Uniswap story: Most cryptocurrency buying and selling takes place on centralized exchanges corresponding to Coinbase, Binance, and Kraken., launched in 2018, is a decentralized crytpo change that runs on the Ethereum platform — transaction charges should be paid for in ETH.
The Uniswap app can swap all various kinds of tokens however doesn’t connect with the standard monetary community, that means you may’t convert to USD or Euro or different fiat currencies. (Although you may convert to some stablecoins — see Tether above.) Uniswap additionally has its personal “governance token”: in case you personal this token, you will have a proper to vote on the path of the undertaking’s growth. Uniswap lately handed Coinbase in buying and selling quantity, and plenty of crypto followers suppose it may very well be the way forward for all exchanges.
Uniswap efficiency historical past: Launched in 2018, Uniswap hit a excessive of $42 in late April 2021. It is at the moment buying and selling at round $40.
Easy methods to purchase Uniswap: Purchase Uniswap on main crypto exchanges corresponding to Coinbase, Binance and Kraken.
13. Chainlink (LINK)
Chainlink market cap: $18.8 billion
Chainlink worth: $45
The Chainlink story: Like Ethereum,is much less a single cryptocurrency however quite a know-how that helps underpin all the crypto construction. Basically — and that is essentially a really stripped-back rationalization — it is a community that permits blockchains to work together with one another and with non-blockchain applied sciences. You’ll be able to . Chainlink additionally has its personal foreign money, known as LINK tokens, of which 1 billion had been issued. A complete of 35% of those had been issued to Node Operators, one other 35% had been bought to the general public and the corporate retains the remaining 30%.
Chainlink efficiency historical past: LINK grew steadily from being price lower than a greenback initially to round $12 on the finish of 2020. It is soared in 2021 and is price round $45 as of Might 12, 2021.
Easy methods to purchase Chainlink: Purchase Chainlink on main crypto exchanges corresponding to Coinbase and Binance.
Jonathan Lesser didn’t purchase any Bitcoin 10 years in the past. He lately purchased some Dogecoin for the children.