Discover How Major Cryptocurrencies Work
Bitcoin may be the 800-bit gorilla, but it’s now one of hundreds and hundreds of cryptocurrencies. To distinguish among them, there’s Bitcoin and altcoins—that’s everybody else!
In terms of scale, as I type this in January 2022, Bitcoin’s total market value based on exchange price is nearly $800 billion. The second most-valuable, Ethereum, is half that at about $390 billion. The third-highest valued coin similar to those two is Cardano at $42 billion. The rest of the altcoins drop off fairly after a couple of a few other peers.
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