Cryptocurrency Q&A
Who is Bitcoin's biggest rival?
Who is Bitcoin's biggest rival?
Dario
Fri Nov 29 2024
|
5 answers
1333
Bitcoin's biggest rival is Ethereum. Ethereum provides a platform for building and running smart contracts, making it a powerful and flexible competitor. Additionally, Ethereum has a significant market share in the cryptocurrency market and has seen impressive growth in its value and adoption over the years.
5 answers
Tommaso
Sat Nov 30 2024
Bitcoin (BTC) holds the top position among the 10 largest cryptocurrencies by market capitalization with a value of $458 billion. This impressive figure underscores its dominance in the digital currency market.
Was this helpful?
249
50
Giulia
Sat Nov 30 2024
Binance Coin (BNB) rounds out the top five cryptocurrencies by market cap, with a value of $52 billion. As the native token of the Binance exchange, BNB offers a range of benefits and discounts to users.
Was this helpful?
252
59
SkyWalkerEcho
Sat Nov 30 2024
Following closely behind is Ethereum (ETH) with a market cap of $216 billion. Ethereum's smart contract functionality has made it a popular choice for a wide range of decentralized applications.
Was this helpful?
398
55
Andrea
Sat Nov 30 2024
Tether (USDT) sits in third place with a market capitalization of $66 billion. Known for its stability, Tether is pegged to the US dollar, providing a reliable store of value in volatile markets.
Was this helpful?
182
90
Sara
Sat Nov 30 2024
USD Coin (USDC) is another stablecoin that has garnered significant attention, boasting a market cap of $54 billion. Its backing by multiple financial institutions adds an extra layer of trust and security.
Was this helpful?
252
88
