Bitcoin is the first cryptocurrency to be launched, it was launched in 2009 by Satoshi Nakamoto. It is the most popular virtual currency in the world because it has the highest market capitalization value, the highest number of users across the globe and the highest amount of trading volume. 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 is still remains the best performing cryptocurrency.
Ethereum is just as popular as Bitcoin. It was created in 2015 by Vitalik Buterin. Ethereum has a market capitalization of $25.13 billion and its current price is $236. Ethereum has a transaction speed of a few seconds against the 10 minutes or more of Bitcoin.
In 2016, the developer community of Bitcoin couldn’t come to an agreement regarding the changes required in Bitcoin’s code, so Bitcoin cash was forked from Bitcoin and it currently ranks amongst the best cryptocurrencies. Bitcoin Cash transactions are much faster than Bitcoin transactions because its block size was increased to 8MB as compared to the 1MB of Bitcoin. Bitcoin cash price grew from about $500 in July 2017 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 a peer-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 its current price is $99.38.
Ripple token was lunched by the co-founder of opencoin CEO Chris Larsen and CTO Jed McCaleb. The cryptocurrency is becoming increasingly popular because it offers a quick, seamless and borderless platform for fund transfer. It was designed as a centralized transaction network to be used by banks for money transfers.