How many crypto coins are there

How many crypto coins are there

How many crypto coins are there

The global crypto market cap is $2.03T

Cryptocurrencies are almost always designed to be free from government manipulation and control, although as they have grown more popular.  Thirdbrainfx has listed for you -How many crypto coins are there. The currencies modelled after Bitcoin are collectively called altcoins, and have often tried to present themselves as modified or improved versions of Bitcoin. While some of these currencies may have some impressive features that Bitcoin does not, matching the level of security that Bitcoin’s networks achieve largely has yet to be seen by an altcoin.

As a response to the question of how many crypto coins are there, there are more than 4,000 in existence as of January 2021. While many of these cryptos have little to no following or trading volume, some enjoy immense popularity among dedicated communities of backers and investors.

Check out the live chart of the currencies.

The most popular crypto coins

1. Ethereum (ETH)

1 Ether equals
2,792.55 Euro (Aug 17 2021)

The first Bitcoin alternative on our list, Ethereum is a decentralized software platform that enables smart contracts and decentralized applications to be built and run without any downtime, fraud, control, or interference from a third party.

Ethereum was invented in 2013 by programmer Vitalik Buterin. In 2014, development was crowdfunded, and the network went live on 30 July 2015. The platform allows anyone to deploy permanent and immutable decentralized applications onto it, with which users can interact.

As of January 2021, Ethereum (ETH) has a market capitalization of $138.3 billion and a per token value of $1,218.59.

 

2. Litecoin (LTC)

1 Litecoin equals
156.35 Euro (Aug 17 2021)

Litecoin is a cryptocurrency launched in late 2011 by former Google and Coinbase engineer Charlie Lee. To create Litecoin, Lee copied the Bitcoin codebase, increased the total supply, and changed the speed at which new blocks are added to the blockchain. Only approximately 84 million litecoins will ever be created, quadruple the total bitcoin supply. Litecoin also creates new blocks every 2.5 minutes, four times faster than Bitcoin. The Litecoin investor and developer communities view the protocol as a complementary pseudo-test net for Bitcoin and a “digital silver” to Bitcoin’s “digital gold”.

 

3. Bitcoin Cash (BCH)

1 Bitcoin equals
39,907.29 Euro (Aug 17 2021)

Bitcoin Cash (BCH) holds an important place in the history of altcoins because it is one of the earliest and most successful hard forks of the original Bitcoin. In the cryptocurrency world, a fork takes place as the result of debates and arguments between developers and miners. Due to the decentralized nature of digital currencies, wholesale changes to the code underlying the token or coin at hand must be made due to consensus. The mechanism for this process varies according to the particular cryptocurrency.