Coinmarketcap is a website that aggregates and continuously updates basic information about cryptocurrencies on the cryptocurrency market, such as exchange rate, capitalization, token type, project contact information, etc. Currently, It is considered the most reputable information provider in the market.
Refer to the top trending coin coinmarketcap in 2022
Coin98 – a real-time market data aggregator
Coin98 is a decentralized finance (DeFi) solution that allows users access to cross-chain swaps, staking, and yield farming. It was a Binance Launchpad project.
The project aims to fulfill untapped demand in the industry and become a Gateway bridging TradFi users to any DeFi services on multiple blockchains. It accomplishes this mission through a full suite of products, including Coin98 Wallet, Coin98 Exchange, and Space Gate (cross-chain bridge).
The C98 token is the native utility token of the project platform and will be used to pay service fees, as staking incentives, for governance, and unique membership rights.
In the project roadmap, there are plans to develop a launchpad, a lending and borrowing platform, a megafarm, a derivatives market, and an NFT marketplace.
Galxe – Create Impactful Experiences with Web3 Credentials
Galxe is the world’s leading Web3 credential data network and was launched on April 28, 2022, on Binance Launchpool, built on an open and collaborative infrastructure that allows Web3 developers and projects to profit from credential data by building better products and communities.
Data curators are rewarded when users employ their credentials in Project Galaxy’s Application Modules, Credential Oracle Engine, and Credential API at the same time.
Gamingdoge – Bringing the power of the GamingDoge ecosystem
GamingDoge is the ultimate companion and only wants to make the Doge community and Gamers proud, want to be more than another meme-cryptocurrency. GamingDoge seeks to impress the community with unique tokenomics and an ecosystem that will grow into the largest community in crypto. The ecosystem will bring the power of a decentralized exchange, NFT Games, and an NFT marketplace. The priority is to bring a platform that works as a lighthouse for gamers on DeFi.
Dogecoin – An open-source peer-to-peer digital currency
Dogecoin (DOGE) is based on the popular “doge” Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. It is a decentralized digital currency based on the source code of Litecoin. It is still rarely used for trading but is mainly used to give online gifts to people who share useful news and interesting stories.
Terra Classic – A blockchain about e-commerce
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payment systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship resistance of Bitcoin (BTC) and offers fast and affordable settlements.
On May 28, 2022, the genesis block of the new chain was launched to conduct future transactions under the name Terra (LUNA), and the original Terra Chain was rebranded as Terra Classic. The original native token — LUNA, has also been renamed LUNA Classic (LUNC). Moreover, all network stablecoins (UST, KRT, EUT) have been renamed Terra Classic stablecoins (USTC, KRTC, EUTC). There will be no Terra stablecoins on the new chain.
ShiBa Inu – A Decentralized Meme Token that Evolved into a Vibrant Ecosystem
The Shiba Inu was created anonymously in August 2020 under the pseudonym “Ryoshi.” The meme coin quickly gained speed and value as a community of investors attracted by the coin’s cuteness combined with headlines and Tweets from Elon Musk and Vitalik Buterin.
Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin’s Srypt-based mining algorithm. Shiba Inu and the SHIB token are part of a swarm of dog-themed cryptocurrencies, including BabyDoge, DOGE, JINDO INU (JIND), Alaska Inu (LAS), and Alaskan Malamute Token (LASM).
Aptos – Opening the gateway to the Aptos Network
Aptos Token is a Layer-1 Blockchain, which works similarly to the Ethereum and Solana networks. The project is written in Move – a programming language capable of creating a safe and optimal platform. As a result, the project has attracted a large number of developers who are using this programming language.
Aptos Token aims to become a “string” connecting billions of users with decentralized assets. The project is representative of the Web 3.0 generation – a diverse and rich ecosystem from infrastructure, Smart Contracts, and support tools for developers to wallets and dApps.
Cardano – A decentralized public blockchain and cryptocurrency project
Cardano is a proof-of-stake blockchain platform whose goal is to allow “changemakers, innovators, and visionaries” to bring about positive global change.
The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals,” — helping to create a more secure, transparent, and fair society.
The ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software.
Ethereum – A smart contract platform
Ethereum is a decentralized open-source blockchain system that features its cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.
Ethereum’s purported goal is to become a global platform for decentralized applications, allowing users worldwide to write and run software resistant to censorship, downtime, and fraud.
Bitcoin – Open source P2P money
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
The project is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants without the need for any intermediary to permit or facilitate them. It was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”
Verdict
Coinmarketcap is currently a website that provides data on cryptocurrencies in circulation worldwide. If you are a person who has been or is learning/investing in coins, you cannot ignore this website that provides information about the most prominent cryptocurrency in the world.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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