It is difficult to start your journey in crypto with the many cryptocurrencies available, from Bitcoin and Ethereum to Dogecoin to Tether
We are going to help you by introducing you to the top 10 cryptocurrencies in market capitalization. This is the total value of all coins in circulation.
Cardano (ADA)
Market Cap: $26 Billion
Cardano is notable for using proof-of-stake validation for its first cryptocurrency.
This solution reduces transaction times, energy consumption, and environmental impact by eliminating the problem-solving, competitive part of transaction verification found in systems such as Bitcoin.
Cardano uses ADA, its native currency, just like Ethereum to enable smart contracts, and decentralized apps.
Cardano’s ADA token saw a relatively small growth rate compared to other crypto coins. In 2017, ADA was worth $0.02. Its current price is $0.50 as of May 12, 2022. This represents a 2,400% increase. Open the next page to continue reading:
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