The Top 5 Cryptocurrencies in 2019

The Top 5 Cryptocurrencies in 2019
Thimantha | Technology | 26th June 2019

1. Bitcoin

bitcoin

The very first cryptocurrency that started the decentralization movement is set to remain the leader of the cryptocurrency movement. With roughly 17.7 million BTC in circulation and a price per coin of more than $11,000, Bitcoin has a market capitalization of over $211 billion. Despite speculation about Flippening, Bitcoin is set to remain the top cryptocurrency of 2019.
 

2. Ethereum

ethereum

The open-source and public blockchain based distributed computing platform Ethereum's coin, Ether has a market cap of $33 billion and a trading price of about $300 per coin. There is over 100 million ETH in circulation as of 2019. 

3. Ripple

ripple

Ripple which gained a lot of hype recently is a real-time gross settlement system, currency exchange and remittance network which is built upon a distributed open source internet protocol. Ripple eases the process of cross-border payments with its minuscule transaction fees and fast transaction times. Their coin has a total market capitalization of just over $20 billion, and a single XRP token is priced less than $0.50. There are over 39 billion Ripple tokens in circulation.

4. Bitcoin Cash

bitcoin_cash

The result of a Bitcoin hard fork; Bitcoin Bash has a total market capitalization of over $8 billion and a $478 price per coin. There is over 17 million BCH coins in circulation as of now.

5. Litecoin

litecoin

Litecoin, which is a P2P cryptocurrency that uses Scrypt algorithm versus the SHA-256 used by Bitcoin. It uses a faster payment confirmation schedule than Bitcoin as well thanks to the network processing a block every 2.5 minutes compared to Bitcoin’s 10 minutes. LTC has a $135 price per coin and an $8 billion market cap. There are over 62 million LTC in circulation as of now.
 

Honourable Mention - EOS

eos

Similar to Ethereum in function, EOS is a blockchain platform for the development of decentralized applications. The EOS coin is priced at just $7, but has a market capitalization of over $6 billion. There is over 900 million EOS in circulation.