Blockchain

Top 3 Cryptocurrencies Should Be Concerned in 2023

Top 3 Cryptocurrencies Should Be Concerned in 2023 Blockchain PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Thanks to the development of information technology, we can move from doing direct business such as opening a restaurant, hotel to an online business such as stocks, securities and most recently cryptocurrency exchanges. Here are the top 3 cryptocurrencies that should be considered and considered for investment.

1. Binance Coin (BNB)

  • Market Value: $44 billion

Binance Coin (BNB) is one of the many largest cryptocurrency exchanges in the world, it is a cryptocurrency used to pay fees and transactions. In the past starting in 2017, Binance Coin simply performed functions on Binance’s online exchange site. It is now used to exchange or trade for other cryptocurrencies like Ethereum or Bitcoin. In addition, BNB is also used to organize outing plans, business and even pay fees.

2. Cardano (ADA)

  • Market Value: $10.93 Billion

Cardano (ADA), famous for its early adoption of proof-of-stake authentication, is a latecomer to the cryptosphere. This solution helps to reduce environmental impact and transaction time. It is the first blockchain platform to emerge from scientific ideology and research strategy.

Cardano coin grows slower than other banyan trees in the electronic market. The price of ADA is 0.02 USD in 2017. Its price is 0.32 USD on January 10, 2023. This price represents an increase of 1,483%.

3. Bitcoin (BTC)

  • Market Value: $322.5 billion

Finally we have to mention Bitcoin, starting from the time it was created in 2009 until the present time, Bitcoin with its position as the first electronic currency, is still one of the most noticed and interested cryptos. more than that.

BTC, like most cryptocurrencies, is based on a blockchain, which is a ledger that records transactions over a network of thousands of computers. Bitcoin is kept private and safe from sophisticated scammers. As Bitcoin grows in popularity, its value increases. In May 2016, one Bitcoin could be purchased for around 500 USD. As of January 10, 2023, the price of one Bitcoin is around $17,266. That’s an increase of 3.353%.

Conclusion

Above are 3 coins worth researching and investing if interested. With the changing times, we should also adapt and understand more about the online investment market because like Ray Dalio says: “Money face is trash, Bitcoin is digital gold”