The most popular cryptocurrencies except for Bitcoin and Ether.
Bitcoin and Ether are two of the world’s most popular cryptographers today. The digital currency, which was designed by Satoshi Nakamoto, will sound like the first such currency in history. It is also used to buy other cryptocurrencies. Ether? It’s simple. Behind it is Ethereum, the most popular smart-contracting platform today. But what about other blockchain coins? Which investors bet on? We already know the answer to this question!
Bitcoin, Ether and… the other most popular blockchain coins.
Forbes wrote about the case. Specifically, about a survey lasting as long as a year, behind which stands a popular stock exchange Luno. The results offer us a unique perspective on the most popular cryptocurrencies after Bitcoin (BTC) and Ether (ETH). The company asked as many as three million of its users which coins they want to buy this year, in addition to the two largest cryptocurrencies according to market capitalization.
Forbes reports that it reached the data from the study, which somehow leaked out. So what are the most popular cryptoes in the world outside BTC and ETH?
Actually, there was no surprise. “First” is XRP, or Ripple token. “Second” is an unspecified “other”. Then there were Litecoin (LTC) and Stellar (XLM).
Next places are Bitcoin Cash (BCH), Binance Coin (BNB), the most famous private coin, i.e. Monero (XMR), and finally stablecoin USD Coin (USDC). The market probably believes in the success of the cryptocurrencies, which guarantees greater privacy, as Zcash was also in the ranking. The ERC-20 Maker (MKR) token, which closes the list, is also popular.
Interpretation of the study
The results are, to some extent, a reflection of the market capitalisation of the cryptocurrencies. Surprisingly, however, there is a shortage of Bitcoin forks – Bitcoin Cash or even Bitcoin SV – which are doing quite well on the market, as well as a Chinese pet – EOS.
As you can see, some part of the market still thinks that it is worth investing in BTC’s original idea of privacy of funds transfer. This is probably why private coins are so popular: ZCash and Monero.
However, the undisputed market leaders remain Bitcoin, Ether and XRP. Will a possible next speculative bubble on digital assets change this state of affairs? Write what you think about it in your comments!