Most expensive cryptocurrency 2018

There are roughly This is all in spite of earlier speculation about a Flippening, in which other digital currencies would permanently take over the No. That has yet to transpire. Ethereum Ethereum, the digital token which prompted the rise of the initial coin offering ICO , comes in second on our list of cryptocurrencies by market cap.

There are just over Ripple The No. Unlike the top two digital currencies as well as the one directly following it , the price of each XRP token is very small. As of this writing, it's just over 50 cents per token. On the other hand, the total number of XRP in circulation is quite high. There are over 39 billion tokens in circulation now. Due to the high volatility of the cryptocurrency markets, there were erratic movements in value and opinion in the subsequent years.

As of September , there are cryptocurrencies listed on coinmarketcap. Image: Top cryptocurrencies by Total Market Cap in Overview of the top 10 coins in and their state in 1. Bitcoin The origin of Bitcoin dates back to January 3, when then anonymous founder Satoshi Nakamoto got a reward of 50 bitcoins for mining the genesis block of bitcoin.

Experiencing ups and downs through the years, it is widely known for its extreme volatility, high risk and resistance to government and financial regulations. Litecoin An open source peer-to-peer cryptocurrency that allows instant payments to anyone, anywhere in the world where money is accepted.

It was founded by Google employee Charlie Lee on October 7, However, second place on this list has now been taken by a fast-rising digital currency, Ethereum. Namecoin Namecoin is a distinct altcoin that thrived on the same proof-of-work algorithm as Bitcoin but stores its data separately within its own blockchain. It facilitates all tokens in the form of crypto, fiat or any valuable commodity. Peercoin Peercoin, which uses both proof-of-work and proof-of-stake systems, was the number 4 cryptocurrency on the list back in The fourth most popular cryptocurrency coin is now Bitcoin Cash.

It was introduced in August so as to level up the amount of transaction that can be processed. Novacoin Novacoin declared unique block generation features that support separated target limits. The new fifth most popular crypto coin is EOS, launched in June after a month token sale span. Terracoin Unlike Bitcoin, Terracoin was developed with a blockchain in which should support improved security and faster transaction processing.

In July the same year, the coin was hacked and its reputation subsequently destroyed. Now Terracoin is nowhere close to its glory days at CointMarketCap. Devcoin Devcoin was introduced in The project had an original model of mandatory coin redistribution across the network.

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Firstly, Mixin is advertised to provide almost instantaneous transactions on their network. As a final cherry on top, Mixin Messenger is a doubly encrypted service for users to communicate about detailed transactions. The group managed to increase the block size from 32 MB to MB, improving services and the effectiveness of the network. Bitcoin SV is still one of the most expensive cryptocurrencies by the unit available today.

In fact, Litecoin is one of the top cryptocurrencies in the world due to free payments and no chargebacks. The company manages this by keeping a public ledger of the transactions. Miners are attracted due to the 25 coins per block deal. Like other currencies, Litecoin set a strict limit on the number of units that will be allowed to exist. After 84 million Litecoins have been created four times more than that of Bitcoin , production will cease. The company prides itself on being extremely convenient and reliable, allowing consumers to do just about anything that money can do for less than a cent in transaction fees.

The currency also advocates for almost instantaneous transactions, making it even more simple for users to spend. Furthermore, the company offers not only online buying options but also apps and participating ATMs for your convenience. It remains as one of the more popular cryptocurrencies due to its highly regarded privacy and flexibility. Monero prides itself on allowing users to be almost totally anonymous, guaranteeing the safety and reliability of the transactions that they provide.

Instead, the supply is simply gauged to increase slightly year by year. ThoreCoin is a very unique project that ties together a plethora of cryptocurrencies rather than other transactions. There will be a strict limit of only , ThoreCoins ever produced. Ethereum is one of several cryptocurrencies, for instance, that come from blockchains that focus on making financial applications possible. Bitcoin, or a digital equivalent of gold When one categorizes the different types of cryptocurrencies , Bitcoin stands out as it is one of the few that are essentially meant to store digital value.

Some describe Bitcoin as a digital version of gold, purely designed to hold or possibly purchasing power over time. It has no other applications built around it, and is considered too slow to perform financial transactions. Stablecoins, the less volatile cryptocurrency Several coins in this ranking stand out as their price seemingly has not changed as much as others.

This is because these are stablecoins - cryptocurrencies pegged to the price development of external asset.

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Aside from their value, these are also some of the most popular cryptocurrencies in the realm. It is with Bitcoin that the idea of cryptocurrencies became extremely popular and widespread. Created in by a mysterious individual or group only known as Satoshi Nakamoto, the currency has changed the world of finances. Although the company has experienced bugs causing large malfunctions in the past like the accidental creation of billion BTC, the order is always restored in the end.

The creators want people to have the option to offer all kinds of services without the interference of third parties. The overall value of Ethereum is believed to be over 40 billion dollars. The creators advertise freedom from volatility , equal economic opportunities, and an asset-backed currency. Unlike other cryptocurrencies, Maker coins cannot be simply mined. However, they are available to purchase instead. A highlight of Maker lies in their well-established margin trading system, which is known for providing higher security coupled with lower prices when compared to other operations.

Furthermore, Maker also separates itself from other coins by giving users the ability to vote to the borrowing system, making it highly popular on the market. Bitcoin Cash uses a different algorithm from Bitcoin, and is known to provide faster and cheaper transitions than that of Bitcoin. Users love this currency for its higher block size limits, lower fees, and lower volatility.

Although it is comparable in cost to other currencies such as Ethereum, Mixin differentiates itself in a multitude of manners. Firstly, Mixin is advertised to provide almost instantaneous transactions on their network. As a final cherry on top, Mixin Messenger is a doubly encrypted service for users to communicate about detailed transactions.

The group managed to increase the block size from 32 MB to MB, improving services and the effectiveness of the network. Some describe Bitcoin as a digital version of gold, purely designed to hold or possibly purchasing power over time. It has no other applications built around it, and is considered too slow to perform financial transactions.

Stablecoins, the less volatile cryptocurrency Several coins in this ranking stand out as their price seemingly has not changed as much as others. This is because these are stablecoins - cryptocurrencies pegged to the price development of external asset.

This group of digital assets make up an increasing share within the overall crypto market. Some see these coins as the future of retail payments, whereas others view these coins as a "safe" addition to their crypto investments.