What are the most popular cryptocurrencies?

The best way to determine the popularity of cryptocurrencies is their market caps. The world's oldest cryptocurrency -- Bitcoin -- remains the most popular by far. Other popular cryptocurrencies include Ethereum, Binance Coin, Tether, and Solana.

What are the different types of cryptocurrency?

A cryptocurrency is a virtual or digital currency that uses cryptography to secure its transactions and control the creation of new units. The most popular ones include Bitcoin, Ethereum, Tether, Cardano, and more. There are different categories of crypto including mining-based coins, stablecoins, memecoins, and security tokens.

What are cryptocurrencies and how do you use them?

Cryptocurrencies are digital currencies. You can use some of them to buy services and goods. It’s also possible to use cryptocurrencies as a method of investing. As an investor, trader or market analyst, you cannot ignore these decentralized currencies.

How do you determine the top cryptocurrencies?

The most objective way to determine the top cryptocurrencies is to look at their market caps. For digital coins, market caps are calculated by multiplying the current price times the circulating supply. Here are the five most popular cryptocurrencies on the market right now, according to CoinMarketCap.