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Top 5 Cryptocurrency ober november 2022 | top 5 cryptocurrency 2022 by market cap | which cryptocurrency is best to invest in 2022

Here are list of Top 5 Cryptocurrency november 2022 which is top 5 cryptocurrency 2022 by market capCryptocurrency is a type of digital currency that generally only exists electronically. ... Bitcoin and Ether are well-known cryptocurrencies, but there are many different cryptocurrency brands, and new ones are continuously being created.


1. Bitcoin (BTC)

Market cap: Over $821 billion

Created in 2009 by someone under the pseudonym Satoshi Nakamoto, Bitcoin (BTC) is the original cryptocurrency. As with most cryptocurrencies, BTC runs on a blockchain, or a ledger logging transactions distributed across a network of thousands of computers. Because additions to the distributed ledgers must be verified by solving a cryptographic puzzle, a process called proof of work, Bitcoin is kept secure and safe from fraudsters.

Bitcoin’s price has skyrocketed as it’s become a household name. Five years ago, you could buy a Bitcoin for about $500. As of Sept. 30, 2021, a single Bitcoin’s price was over $43,000. That’s growth of about 8,600%.

2. Ethereum (ETH)

Market cap: Over $353 billion

Both a cryptocurrency and a blockchain platform, Ethereum is a favorite of program developers because of its potential applications, like so-called smart contracts that automatically execute when conditions are met and non-fungible tokens (NFTs).

Ethereum has also experienced tremendous growth. In just five years, its price went from about $11 to almost $3,000, increasingly more than 27,000%.

3. Tether (USDT)

Market cap: Over $68 billion

Unlike some other forms of cryptocurrency, Tether is a stablecoin, meaning it’s backed by fiat currencies like U.S. dollars and the Euro and hypothetically keeps a value equal to one of those denominations. In theory, this means Tether’s value is supposed to be more consistent than other cryptocurrencies, and it’s favored by investors who are wary of the extreme volatility of other coins.

4. Cardano (ADA)

Market cap: Over $67 billion

Somewhat later to the crypto scene, Cardano is notable for its early embrace of proof-of-stake validation. This method expedites transaction time and decreases energy usage and environmental impact by removing the competitive, problem-solving aspect of transaction verification present in platforms like Bitcoin. Cardano also works like Ethereum to enable smart contracts and decentralized applications, which are powered by ADA, its native coin.

Cardano’s ADA token has had relatively modest growth compared to other major crypto coins. In 2017, ADA’s price was $0.02. As of Sept. 30 2021, its price was at $2.10. This is an increase of over 10,500%.

5. Binance Coin (BNB)

Market cap: Over $64 billion

The Binance Coin is a form of cryptocurrency that you can use to trade and pay fees on Binance, one of the largest crypto exchanges in the world.

Since its launch in 2017, Binance Coin has expanded past merely facilitating trades on Binance’s exchange platform. Now, it can be used for trading, payment processing or even booking travel arrangements. It can also be traded or exchanged for other forms of cryptocurrency, such as Ethereum or Bitcoin.

Its price in 2017 was just $0.10; by Sept. 30 2021, it had risen to over $382, a gain of more than 382,000%.

*Market caps and pricing current as of Sept. 30, 2021

Top 5 Cryptocurrency november 2022 | top 5 cryptocurrency 2022 by market cap | which cryptocurrency is best to invest in 2022

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