Recent data from the Economist Intelligence Unit showed 46% of people surveyed found the case for owning cryptocurrencies more compelling due to covid-19.
But in the meantime, 51% cited the lack of knowledge as the main barrier towards greater adoption.
A great occasion for us to display our top 10 cryptocurrencies you should know before entering the race!
1. Bitcoin (BTC)
The king of crypto, the first (2009) and most widely used decentralized ledger currency, with the highest market capitalization. For now?
2. Ethereum (ETH)
Proposed in 2013, the second-largest cryptocurrency by market capitalization, and the most actively used blockchain.
3. Litecoin (LTC)
Created in 2011 by a former Google engineer and often referred to as the “silver to Bitcoin’s gold”, with faster block generation rate and transaction confirmation time.
4. Tether (USDT)
The most popular “stable-coin”, that aims to peg the market value to a currency or other external reference point in order to reduce volatility.
5. Stellar (XLM)
An open blockchain network designed to provide enterprise solutions by connecting financial institutions for the purpose of large transactions.
6. Ripple (XRP)
A centralized currency that’s mined, managed and administered by Ripple Labs (instead of a broad-based community).
7. Polkadot (DOT)
A unique proof-of-stake cryptocurrency that is aimed at delivering interoperability between other blockchains.
8. Zcash (ZEC)
The first open, permissionless financial system employing zero-knowledge security.
9. Cardano (ADA)
This proof-of-stake cryptocurrency is known also as “Ethereum killer”, as its blockchain is said to be capable of more.
10. Dogecoin (DOGE)
Based on the Doge internet meme, it started as a joke. No one laughs after Elon Musk’s spontaneous endorsement.
Now that you know almost everything about cryptocurrencies, maybe it’s a good time to discover Adeltrade, the gaming platform for traders? Download our app and follow us on social media to not miss our next contest: with AdelTrade, you can learn how to trade crypto without any risk, and even earn cash money by winning the competition!