Cryptocurrencies are now the new trend of the finance world. Big players & even the younger gens are investing in cryptocurrency. There are different types of cryptocurrencies available but the best cryptocurrencies are determined through their market cap. Market Capitalization is the total value of all the coins that have been mined. The value of the market cap is based on two factors, the supply of a particular cryptocurrency & its price for a single coin in the market. It is important to know the market cap before investing in any cryptocurrency. Do you know which cryptocurrency has the highest market cap? If not then don’t worry as we present you the top 5 cryptocurrencies with the highest market cap.
5. XRP
XRP has a market cap of $53.91 billion & a single coin is worth $1.18.
4. Binance Coin – BNB
Binance Coin has a market cap of $54.85 billion & a single coin is worth $372.6
3. Tether – USDT
Tether has a market cap of $58.13 billion & a single coin is worth $1.00
2. Ethereum – ETH
Ethereum has a market cap of $314.78 billion & a single coin is worth $2,739.50
1. Bitcoin – BTC
Bitcoin has a market cap of $745.19 billion & a single coin is worth $40,342.89
These were the top 5 cryptocurrencies. with the highest market cap.
Note: The data used is as of May 20th, 2021 on 4:00 pm (IST).