The cryptocurrency industry is constantly growing and a new cryptocurrency manages to find itself in the headlines almost every other day. No matter how much growth, trading volume, or rally a cryptocurrency may observe if it is not in the top 10, it is not there yet.
From time to time, investors may invest in cryptocurrencies that gain a surge in price and growth for a week or so. However, the investors eventually move back to the top cryptocurrencies once the trend for the short-lived cryptocurrency is over.
This is the reason why it is very important for cryptocurrencies to bring themselves into the top 10 cryptocurrencies. This ensures that a currency is recognized by the entire crypt-verse and it will manage to make it to the top of the online.
If a cryptocurrency wants to bring itself into the top 10 cryptocurrencies, then it needs to offer something new and unique. The new crypto startups need it in order to bring in more crowd and investments. Once the platform starts observing customer influx, the investments start coming automatically, and things become normal.
While a cryptocurrency tries to make it into the top 10 list, it is time to list the ones that are already on the list.
As always, the currency at the top and with the highest market capitalization is Bitcoin (BTC). It currently ranks number one with $1.04 trillion in market capitalization. The second cryptocurrency is Ethereum (ETH) that has a market capitalization of $316 billion.
The third cryptocurrency is Binance Coin (BNB) that has a market capitalization of $86 billion. The cryptocurrency ranked fourth in the list is XRP (XRP), with a market capitalization of $61 billion.
The fifth cryptocurrency in the list of top 10 cryptocurrencies is Tether (USDT), with a market capitalization of $50 billion. The cryptocurrency on the sixth spot is Cardano (ADA) with a market capitalization of $42 billion.
The seventh cryptocurrency in the crypto-verse in terms of market capitalization is Dogecoin (DOGE). DOGE has a market capitalization of $41 billion. The eighth cryptocurrency on the list is Polkadot, which has a market capitalization of $31 billion.
The ninth cryptocurrency in the list of top 10 cryptocurrencies is Uniswap (UNI), which has a market capitalization of $22 billion. On the 10th and the last spot is Litecoin (LTC), which has a market capitalization of $17 billion.
All these cryptocurrencies have gained this position and level of respect from being on the list of top 10 cryptocurrencies. As always, XRP has been showing tremendous growth and success since forever. Even the lawsuit filed by the US SEC against the firm could not do anything to harm the reputation, and level of usage for platforms.