What are the mainstream cryptocurrencies?
Mainstream cryptocurrencies include: Bitcoin, Ethereum, stablecoins (such as USDT), Binance Coin, Cardano, XRP and Dogecoin. They are characterized by high market capitalization, large trading volume, wide user penetration, relative stability and wide acceptance.
Mainstream Cryptocurrency
Definition of Mainstream Cryptocurrency
Mainstream cryptocurrencies refer to encrypted digital currencies with high market value, large transaction volume, and wide user popularity. They are generally considered stable and reliable and are widely used for investing, trading and payments.
List of mainstream cryptocurrencies
The most mainstream cryptocurrencies currently include:
- Bitcoin (BTC) : As the first and most famous cryptocurrency, Bitcoin remains the most valuable and widely accepted cryptocurrency.
- Ethereum (ETH): Ethereum is a decentralized blockchain platform that supports smart contracts and distributed applications.
- Stablecoins (such as Tether (USDT) and USD Coin (USDC)): Stablecoins are pegged to fiat currencies such as the U.S. dollar and are designed to provide stability to crypto assets.
- Binance Coin (BNB): Binance is the world’s largest cryptocurrency exchange and BNB is its platform token.
- Cardano (ADA): Cardano is a blockchain technology designed specifically for smart contracts and decentralized applications.
- XRP: XRP is a payment settlement network developed by the company Ripple.
- Dogecoin (DOGE): Dogecoin was originally a cryptocurrency created as a joke but has now gained widespread popularity.
Characteristics of mainstream cryptocurrencies
Mainstream cryptocurrencies usually have the following characteristics:
- High market capitalization: Market cap refers to the total value of all tokens in circulation, indicating the overall popularity and value of a cryptocurrency.
- High Trading Volume: Trading volume refers to the number of coins traded during a specific time period, indicating the liquidity and trading activity of a cryptocurrency.
- Wide user penetration: Mainstream cryptocurrencies tend to be widely used by individuals, institutions and businesses.
- Relatively stable: Compared with some more volatile cryptocurrencies, mainstream cryptocurrencies are generally more stable and suitable for long-term investment.
- Widely accepted: As a payment method or investment vehicle, mainstream cryptocurrencies are accepted across multiple platforms and merchants.
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