"Investors can take a look at this crypto first, how do you know if it has the potential to be included in the portfolio."
The cryptocurrency Bitcoin (BTC) was the first digital asset to see an increase since its introduction in 2009, but there are several other cryptocurrencies that have also become very popular. Here is a list of the largest cryptocurrencies by market capitalization.
Bitcoin (BTC)
BTC is still the largest crypto compared to other digital assets, where its mysterious creator Satoshi Nakamoto launched BTC in 2009 and has reached a high of $68,000 last November 2021 before experiencing further decline until the rest of 2022.
So far the price of BTC is seen breaking through the level of $24,703 in the last 24 hours with a market capital of $476 billion.
Ethereum (ETH)
ETH is the second largest crypto that allows investors to use its digital assets to perform several functions and currently its price reaches the $1,692 zone with a market capitalization of $207 billion.
Tether (USDT)
The price of USDT is $1 per coin with a market cap of $68 billion and it is called a stablecoin that is tied to the value of a certain asset to act as a medium when traders want to exchange a crypto for another digital asset.
Binance Coin (BNB)
Among the purposes of the world's largest crypto exchange company Binance issuing BNB is for payments and buying various goods or services. While the price has now reached the level of $321 with a market capitalization of $52 billion.
USD Coin (USDC)
USDC is a dollar-backed stablecoin, where the value is immutable as it is backed by fully reserve assets and is currently priced at $1 while its market capitalization is $42 billion.
Ripple (XRP)
Created in 2012, XRP offers payments in many different real-world currencies and is useful for cross-border transactions. The price of the digital asset currently exceeds $0.40 with a market capitalization of $20 billion.
Binance USD (BUSD)
BUSD is a dollar-backed stablecoin on the ETH blockchain launched by Binance in 2019 in collaboration with Paxos Trust Company. The digital asset is currently at $1 with a market capitalization of $14 billion.
Cardano (ADA)
ADA was created by the co-founder of ETH which functions as a smart contract and enables identity management and until now its price has penetrated the $0.4115 zone with a market capitalization of $14 billion.
Dogecoin (DOGE)
DOGE is a memecoin with unlimited production that can be used for payments or sending money.
Once it became a phenomenon when Elon Musk expressed his support for the memecoin until it reached a high of over $0.70 in May 2021 before shrinking back to $0.05.
Moreover, its current price is now seen breaking through the $0.08997 level with a market capitalization of $11 billion.
Polygon (MATIC)
MATIC established in 2017 is a crypto that creates digital applications and raises ETH while its price so far is in the zone of $1.37 with a market capitalization of $11 billion.
Solana (SOL)
Launched in March 2020, SOL quickly completed a transaction whose price has now reached $23.80 with a market capitalization of $8 billion.
Polkadot (DOT)
DOT was launched in May 2020 which connects the blockchain technology of various different digital assets. And now the price of DOT reached the level of $6.63 with a market capitalization of $7 billion.
