Top 100 Cryptocurrencies On CoinMarketCap In One Sentence
CoinMarketCap is the number one place most people go to get an understanding of how well a cryptocurrency is performing.
It used by many experts, pundits and others interested in the world of cryptocurrency.
But sometimes all the new names can get confusing and it can be hard to tell different altcoins apart.
That’s why we made this list of the top 100 cryptocurrencies on CoinMarketCap and what makes them unique in one simple and short sentence.
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Top 100 Cryptocurrencies On CoinMarketCap In One Sentence
Please bear in mind that CoinMarketCap updates their list regularly and so the ranking below will likely be out of date.
1. Bitcoin (BTC)
The first and most well-known cryptocurrency has gone through dramatic rises and falls.
2. Ethereum (ETH)
Bitcoin’s biggest rival with a key focus on smart contracts and dApps.
3. Ripple (XRP)
The fastest cryptocurrency to date, however, it is centralised which is off-putting for some.
4. Bitcoin Cash (BCH)
A clone of Bitcoin with blocks eight times larger.
5. Litecoin (LTC)
One of the oldest altcoins, four times faster than Bitcoin.
6. Binance Coin (BNB)
A cryptocurrency that gives traders discounts on the Binance exchange.
7. Tether (USDT)
A cryptocurrency supposedly tied to the US dollar.
8. EOS (EOS)
Ethereum’s closest rival for smart contracts and dApps.
9. Bitcoin SV (BSV)
A clone of Bitcoin Cash that attempts to follow Satoshi Nakamoto’s original vision.
10. Monero (XMR)
The most well-known privacy coin.
11. Stellar (XLM)
Created to facilitate cross-asset transfer, Ripple’s little brother.
12. TRON (TRX)
A platform for decentralising online content.
13. Cardano (ADA)
Third generation cryptocurrency trying to improve upon Bitcoin and Ethereum.
14. UNUS SED LEO (LEO)
Utility token for the Bitfinex exchange.
15. Dash (DASH)
Facilitates both private transactions and instant transactions.
16. Tezos (XTZ)
Smart contract platform attempting to compete with Ethereum.
17. Chainlink (LINK)
Another smart contract platform attempting to compete with Ethereum
18. NEO (NEO)
The ‘Chinese’ Ethereum that can be coded in multiple languages.
19. IOTA (MIOTA)
Attempts to speed up transactions using the Internet of things and a DAG algorithm.
20. Cosmos (ATOM)
Wants to be the Internet of blockchains.
21. Ethereum Classic (ETC)
The old Ethereum blockchain where the DAO hack still occurred.
22. NEM (XEM)
Centralised blockchain without miners.
23. Maker (MKR)
A cryptocurrency that allows people to make collateralised debt positions.
24. Ontology (ONT)
Targeting enterprise adoption and use of blockchain technology.
25. Zcash (ZEC)
Another cryptocurrency with a focus on privacy
26. Crypto.com Chain (CRO)
A token that allows cross-asset settlement.
27. USD Coin (USDC)
Yet another stablecoin tied to the US dollar.
28. V Systems (VSYS)
A blockchain cloud database that also supports dApps.
29. Dogecoin (DOGE)
A cryptocurrency based around the Doge meme.
30. Decred (DCR)
A cryptocurrency with a focus on on-chain governance.
31. Bitcoin Gold (BTG)
A fork of Bitcoin that uses GPU mining.
32. VeChain (VET)
A platform designed to enhance supply chain management processes.
33. Qtum (QTUM)
Taking the best parts of Bitcoin and Ethereum and mixing them together.
34. Basic Attention Token (BAT)
A token designed to transform the digital advertising world.
35. HedgeTrade (HEDG)
Using blockchain technology to create a social platform for traders.
36. Huobi Token (HT)
A cryptocurrency used on the Huobi exchange.
37. OmiseGO (OMG)
A project aiming to ‘unbank the banked’.
38. Egretia (EGT)
A HTML5 blockchain platform for building apps.
39. Paxos Standard Token (PAX)
Yet another stablecoin tied to the US dollar.
40. TrueUSD (TUSD)
And another cryptocurrency supposedly tied to the US dollar.
41. Lisk (LSK)
Wants to bring blockchain development to the masses.
42. BitTorrent (BTT)
Utility token for BitTorrent.
43. KuCoin Shares (KCS)
Utility token for the KuCoin exchange.
44. Ravencoin (RVN)
A platform for creating your own asset.
45. Nano (NANO)
Designed to be super-fast, scalable and without fees.
46. Bitcoin Diamond (BCD)
A fork of Bitcoin with a max supply 10 times larger.
47. Energi (NRG)
Highly modified fork of Dash.
48. Waves (WAVES)
Supposedly the fastest blockchain where users can create their own tokens.
49. Holo (HOT)
An alternative to blockchain which may be good for building dApps.
50. Pundi X (NPXS)
Planning to make it easier for merchants and customers to do use cryptocurrency.
51. MonaCoin (MONA)
A Japanese cryptocurrency based on the popular ASCII art character, Mona.
52. Lambda (LAMB)
Another project that plans to use blockchain for data storage.
53. Augur (REP)
Decentralised prediction market platform for traders.
54. BitShares (BTS)
Aims to solve the issue of scaling.
55. DigiByte (DGB)
Built to be faster and more scalable than Bitcoin.
56. EDUCare (EKT)
A multi-chain, multi-consensus blockchain for dApps.
57. 0x (ZRX)
A platform for exchanging digitalised tokens.
58. Aurora (AOA)
Creating a decentralised crypto-banking experience.
59. Quant (QNT)
Building an OS to connect multiple blockchains.
60. ICON (ICX)
Another decentralised project to bring together multiple blockchains.
61. IOST (IOST)
A blockchain that uses a ‘proof of believability’ algorithm.
62. GXChain (GXC)
A permissionless blockchain designed to create a trusted data Internet of value.
63. Nash Exchange (NEX)
Cryptocurrency for the Nash Exchange.
64. Bytom (BTM)
Digitalising assets to make them easier to exchange.
65. Bytecoin (BCN)
Another private and untraceable cryptocurrency.
66. Siacoin (SC)
A decentralised cloud storage platform.
67. THETA (THETA)
Creating an infrastructure for decentralised video streaming.
68. Insight Chain (INB)
Aiming to establish the world's first big data ecosystem public blockchain.
69. Komodo (KMD)
A platform for building ‘smart chains’.
70. Mixin (XIN)
Attempting to create interoperability amongst different blockchains.
71. ABBC Coin (ABBC)
Attempting to improve problems related to e-commerce.
72. HyperCash (HC)
Another cryptocurrency trying to create interoperability between different blockchains.
73. Ren (REN)
Also trying to create interoperability between different blockchains.
74. Verge (XVG)
Another secure and anonymous cryptocurrency.
75. MaidSafe Coin (MAID)
Another project attempting to decentralise the Internet.
76. Zilliqa (ZIL)
Developing a high throughput blockchain.
77. Aeternity (AE)
Creating smart contracts that use real-time data.
78. U Network (UUU)
A decentralised protocol for publishing and valuing online content.
79. Dai (DAI)
A stablecoin not tied to any fiat.
80. Steem (STEEM)
A blockchain-based social media platform.
81. VestChain (VEST)
An open-source blockchain for smart contracts and machine learning services.
82. Japan Content Token (JCT)
A cryptocurrency for issuing tickets for events in Japan.
83. Status (SNT)
A mobile Ethereum-based operating system.
84. Waltonchain (WTC)
Similar to IOTA in how it wants to integrate the Internet of things with blockchain.
85. Zcoin (XZC)
A privacy coin that uses the ‘Sigma Protocol’.
86. NEXT (NET)
Attempting to become the ‘next’ generation of advanced solutions for global transactions.
87. RIF Token (RIF)
Building an easy to use OS for blockchain technology.
88. Ardor (ARDR)
A blockchain platform designed for business.
89. Crypto.com (MCO)
A coin to raise money for Crypto.com, has a working relationship with Visa.
90. Metaverse ETP (ETP)
Building a web of ‘smart properties’ where value can flow freely.
91. XMax (XMX)
Building an entertainment-focused blockchain ecosystem.
92. Enjin Coin (ENJ)
A cryptocurrency for building blockchain games.
93. WAX (WAX)
A platform to buy, sell, create or trade virtual items.
94. Golem (GNT)
Decentralising computing power, receive rewards for sharing your computing power.
95. MaxiMine Coin (MXM)
Cloud-based mining platform where users receive MaxiMine rewards by staking tokens.
96. Grin (GRIN)
Marrying privacy with speed.
97. Aelf (ELF)
Building a decentralised cloud computing blockchain network.
98. Clipper Coin (CCCX)
Aims to become the Goldman Sachs of the cryptocurrency market.
99. Elastos (ELA)
Aiming to create a blockchain-based Internet.
100. Nexo (NEXO)
Loan them your crypto and get cash in return.
There are a number of cryptocurrencies in CoinMarketCap’s top 100 that are attempting to achieve the same thing.
- Decentralise the Internet;
- Create interoperability between different blockchains;
- Decentralise online content;
- Create a decentralised database for cloud storage;
- Improve privacy;
- Improve smart contracts.
Is CoinMarketCap accurate?
CoinMarketCap is by far the most used website to get an idea of a cryptocurrencies market capitalisation.
However, there are some critics out there that are not sure how accurate CoinMarketCap is.
They claim that the site unquestioningly publishes data from cryptocurrency exchanges. This is important because some exchanges may claim to be dealing with more cryptocurrency than they actually have.
In turn, this gives viewers an inaccurate picture of how well cryptocurrencies are performing.
This doesn’t mean that CoinMarketCap is not correct though, just that it is worth bearing in mind the figures are not likely to be totally correct.
CoinMarketCap can be used for more than market capitalisation
It is worth playing around with the different ways in which CoinMarketCap can display activity. Don’t just look at the total market capitalisation. Remember to also look at:
- Volume (24);
- Circulating supply;
- Change (24).
You can also view prices in BTC, ETH, BCH, LTC and XRP as well.
All this will give you a much clearer picture of which cryptocurrencies are trending upwards, ranging or trending downwards as well as what direction they may take in the near future.
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Check out alternatives to CoinMarketCap
A good alternative to CoinMarketCap would be CoinGecko, another well-known website for cryptocurrency market capitalisation and perhaps their biggest rival.
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