Bitcoin is even viewed by some investors as a good hedge against inflation since there will never be more than 21 million Bitcoin tokens in circulation.
Whether or not the cryptocurrency knocks Bitcoin out of the top spot in the future, Ethereum appears to be in a good position to stand the test of time.
Binance Coin is the third-most-popular digital coin on the market. It’s the native coin on the Binance exchange and currently has a market cap of over US$96 billion.
The U.S. Treasury Department recently called on Congress to take action to address the risks that could be posed to the economy by stable coins such as Tether.
Solana has been the biggest winner of these top cryptocurrencies over the last year with a gain of well over 10,000%. Many investors have flocked to Solana as an alternative to Ethereum.
A US$220 million fund was just launched to fund the development of Avalanche, which boasts of much faster transactions than Ethereum.
In the game Axie Infinity, players buy monsters and have them fight one another to win tokens, which can then be turned back into real money.
The meme coin Samoyedcoin has piqued the interest of Daniel Polotsky, founder of CoinFlip, a Bitcoin ATM company.
Fetch.ai’s applications helps users of the crypto exchange Uniswap automate their trading. FET is an Ethereum-based token that powers Fetch.ai.
Each USDC is backed by one dollar or asset with equivalent fair value, which is held in accounts with US-regulated financial institutions.
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