-
Bitcoin $106,754.6083
1.33% - Ethereum
$2,625.8249
3.80% - Tether USDt
$1.0001
-0.03% - XRP
$2.1891
1.67% - BNB
$654.5220
0.66% - Solana
$156.9428
7.28% - USDC
$0.9998
0.00% - Dogecoin
$0.1780
1.14% - TRON
$0.2706
-0.16% - Cardano
$0.6470
2.77% - Hyperliquid
$44.6467
10.24% - Sui
$3.1128
3.86% - Bitcoin Cash
$455.7646
3.00% - Chainlink
$13.6858
4.08% - UNUS SED LEO
$9.2682
0.21% - Avalanche
$19.7433
3.79% - Stellar
$0.2616
1.64% - Toncoin
$3.0222
2.19% - Shiba Inu
$0.0...01220
1.49% - Hedera
$0.1580
2.75% - Litecoin
$87.4964
2.29% - Polkadot
$3.8958
3.05% - Ethena USDe
$1.0000
-0.04% - Monero
$317.2263
0.26% - Bitget Token
$4.5985
1.68% - Dai
$0.9999
0.00% - Pepe
$0.0...01140
2.44% - Uniswap
$7.6065
5.29% - Pi
$0.6042
-2.00% - Aave
$289.6343
6.02%
best decentralized cryptocurrency
Bitcoin, decentralized and widely used as a store of value and investment asset, has a substantial market capitalization of over $1 trillion.
Oct 16, 2024 at 03:22 pm
Best Decentralized Cryptocurrencies
1. Bitcoin (BTC)
- Decentralized: Bitcoin operates on a peer-to-peer network, without a central authority controlling it.
- Market Cap: $1.09 trillion (as of February 2023)
- Transaction Fees: Low but can fluctuate during times of high network usage.
- Use Cases: Widely used as a store of value, payment method, and investment asset.
2. Ethereum (ETH)
- Decentralized: Similar to Bitcoin, Ethereum operates on a distributed ledger technology (DLT).
- Market Cap: $0.47 trillion (as of February 2023)
- Transaction Fees: Typically higher than Bitcoin, but can vary depending on network demand.
- Use Cases: Primarily used for decentralized applications (dApps), smart contracts, and non-fungible tokens (NFTs).
3. Binance Coin (BNB)
- Decentralized: Binance Coin operates on the Binance Smart Chain, a decentralized blockchain built by Binance.
- Market Cap: $0.095 trillion (as of February 2023)
- Transaction Fees: Extremely low, typically around $0.01-$0.10 per transaction.
- Use Cases: Used primarily for trading fees on the Binance crypto exchange and for participating in yield farming and staking programs.
4. Litecoin (LTC)
- Decentralized: Litecoin uses a similar proof-of-work consensus mechanism as Bitcoin, ensuring its decentralized nature.
- Market Cap: $0.012 trillion (as of February 2023)
- Transaction Fees: Lower than Bitcoin and Ethereum, making it suitable for micro-transactions.
- Use Cases: Often used for quick and inexpensive payments, acting as a digital silver to Bitcoin's digital gold.
5. Dogecoin (DOGE)
- Decentralized: Dogecoin operates on a decentralized peer-to-peer network like Bitcoin.
- Market Cap: $0.0011 trillion (as of February 2023)
- Transaction Fees: Negligible, usually less than $0.01 per transaction.
- Use Cases: Initially created as a joke currency, Dogecoin has gained popularity for its low transaction fees and community support. It is often used for tipping and micro-transactions.
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