Bitcoin is the first cryptocurrency to be launched, it waslaunched in 2009 by Satoshi Nakamoto. It is the most popular virtual currencyin the world because it has the highest market capitalization value, thehighest number of users across the globe and the highest amount of tradingvolume. Bitcoin price rose to an all-time high of $20,000 in December 2017.today’s price is over$10,000. Even though the price is not stable, the coin isstill remains the best performing cryptocurrency.
Ethereum is just as popular as Bitcoin. It was created in2015 by Vitalik Buterin. Ethereum has a market capitalization of $25.13 billionand its current price is $236. Ethereum has atransaction speed of a few seconds against the 10 minutes or more of Bitcoin.
In 2016, the developer community of Bitcoin couldn’t come toan agreement regarding the changes required in Bitcoin’s code, so Bitcoin cashwas forked from Bitcoin and it currently ranks amongst the bestcryptocurrencies. Bitcoin Cash transactions are muchfaster than Bitcoin transactions because its block size was increased to 8MB ascompared to the 1MB of Bitcoin. Bitcoin cash price grew from about $500 in July2017 to about $4,000 in December 2017. This gave it a return of around 10,000%in less than 6 months.
Similar to Bitcoin, and launched in 2011, Litecoin is apeer-to-peer digital currency which has a large network across the world. it offers instant transactions,security, and its widespread adoption around the globe. Litecoin has a market cap of $4.9 billion, and itscurrent price is $99.38.
Ripple token was lunched by the co-founder of opencoin CEOChris Larsen and CTO Jed McCaleb. The cryptocurrency is becoming increasinglypopular because it offers a quick, seamless and borderless platform for fundtransfer. It was designed as a centralized transaction network to be used bybanks for money transfers.