Published: 02/15/23
Today! Quick Read: The BIG 10
Whether you know it or not, the majority of the cryptocurrency market is made up of the top 10 cryptocurrencies by market capitalization. Market capitalization is a measure of the total value of a cryptocurrency, calculated by multiplying the current price by the total number of coins or tokens in circulation.
As of February 2023, the top 10 cryptocurrencies by market capitalization are: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Solana (SOL), Cardano (ADA), XRP (XRP), Polkadot (DOT), Avalanche (AVAX), Terra (LUNA), and Chainlink (LINK). These 10 cryptocurrencies account for the majority of the total cryptocurrency market capitalization.
However, it’s worth noting that there are thousands of other cryptocurrencies in existence, and some of these have significant market capitalizations and user bases as well. Additionally, the composition of the top 10 cryptocurrencies by market capitalization can change over time as new projects emerge and existing ones gain or lose popularity.
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