Hi guys, as I said, and in today's video I want
to share with you guys top 10 cryptocurrency by market cap other than Bitcoin we all have seen
how cryptocurrencies are becoming popular and how Bitcoin has exploded in its price point. And
today we'll examine some of the most important digital currencies other than Bitcoin. The first
Bitcoin alternative on our list. aetherium 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. The goal behind aetherium is to create a
decentralized suite of financial products that anyone in the world can have free access
to, regardless of nationality, ethnicity, or faith.
This aspect makes the implication
for those in some countries more compelling as those without state infrastructure, and state
identifications can get access to bank account, loans, insurance, or a variety of other financial
products. aetherium that was launched in 2015 is currently the second largest digital currency
by market cap after Bitcoin as of January 2021. ethers market cap is roughly 19% of Bitcoin
size number two light coin launched in 2011, was among the first cryptocurrency to follow
the footsteps of Bitcoin, and has often been referred to as silver to Bitcoin school. It
was created by Charlie Lee and MIT graduate and former Google engineer Litecoin is based on
an open source global payment network that is not controlled by any central authority, and
uses script as a proof of work, which can be decoded with the help of CPUs of consumer grade.
Although Litecoin is like Bitcoin in many ways, it has a faster block generation rate, and hence
offers a faster transaction confirmation time. Other than developers there are a growing number
of merchants who accept Litecoin as of January 2021, Litecoin, had a market cap of $10.1 billion
and a poor token value of 153 point $88, making it the sixth largest cryptocurrency in the world.
Number three, Cardinal cardano is a cryptocurrency that was created with a research based approach by
engineers, mathematicians and cryptography expert. The project was co founded by Charles Hoskinson,
one of the five initial founding members of aetherium after having some disagreements with the
direction if you were stating he left and later helped to create Caetano gadon, who has always
been dubbed as a period killer, as blockchain is said to be capable of more why it has beaten
aetherium to the proof of stake consensus model, it still has a long way to go in terms of
decentralized financial applications.
As of January 2021, Ghana has a market capitalization
of $9.8 billion, and the one Ada trade for zero point $31 number four polka.polka.is, a
unique proof of stake cryptocurrency that is aimed at delivering interoperability between other
blockchains its protocol is designed to connect permissioned and permissionless blockchains as
well as Oracle's to allow systems to work together under one roof. polka dot score confident is it's
really a chain that allows interoperability of varying networks. It also allows for para chains,
or parallel blockchains with their own native tokens for specific use cases. polka dot was
created by Gavin wood, another member of the core founders of aetherium project, who had differing
opinions on the project's future. As of January 22, anyone polka dot has a market capitalization
of $11.2 billion, and one dog treats for 12 point $54 number 50.
Bitcoin cash. Bitcoin cash
holds an important place in the history of old coins because it is one of the most earliest and
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 centralized nature of
digital currencies. wholesale changes to the good underlying the token or coin at hand must be
made due to general consensus. The mechanism for this process varies according to the particular
cryptocurrency the Bitcoin network has a limit on the size of blocks.
One megabyte Bitcoin
cash increases block size from one megabyte to eight megabyte with the idea being that larger
blocks can hold more transactions within them and therefore the transaction speed would be increased
as obtained During 2021, Bitcoin cash had a market cap of $8.9 billion and valuable token of 513
point $45. Number six stellar. stellar is an open blockchain network designed to provide enterprise
solutions by connecting financial institutions for the purpose of large transactions, you will
transactions between banks and investment firms that typically would take several days. A number
of intermediaries and cost a good deal of money can now be done nearly instantaneously with
no intermediaries and costs little to nothing for those making the transaction.
has positioned itself as an enterprise blockchain for the institution transaction, it is still
an open blockchain that can be used by anyone. The system allows for cross border
transactions between any currencies. stellar was founded by Jed a founding member of
Ripple Labs and developer of the ripple protocol. He eventually left his role with ripple and went
on to co found the stellar Development Foundation. stellar lumens have a market capitalization of
$6.1 billion and are valued at zero point $27 as of January 2021.
Number seven chain link chain
link is a decentralized Racal network that bridges the gap between smart contracts like the ones
on aetherium and data outside of it blockchains themselves do not have the ability to connect
to outside applications in the trusted manner. chain links decentralized Oracle's allow smart
contracts to communicate with outside data so that the contracts can be executed based
on the data that aetherium itself cannot connect to as of January 2021, chain links market
capitalization is $8.6 billion and one link is valued at 21 point $33 number eight finance coin.
It is a utility cryptocurrency that operates as a payment method for the fees associated with
trading on finance exchange.
Those who use the token as a means of payment for the exchange can
trade at a discount by Nance coins. blockchain is also the platform that finances decentralized
exchange operates on and the exchange is one of the most widely used exchanges in the world.
As of January 2021. Buy Nance has a $6.8 billion market cap with one bnb having a value
of 44 point $26 number nine people EUR USD, it was one of the first and most popular of a
group of so called stable coins that aim to pay fair market value to a currency or other external
reference point in order to reduce volatility. Because most digital currencies even major ones
like Bitcoin have experienced frequent periods of dramatic volatility deter and other stable coins
attempt to smooth out price fluctuations in order to attract users who may otherwise be cautious
in January of 2021.
Tito was the third largest cryptocurrency by market cap, with a total market
cap of $24.4 billion and Ico token value of $1. Number 10. One arrow, one arrow is a secure
private and untraceable currency. This open source cryptocurrency was launched in April
2014, and soon garnered great interest among the cryptographic community and enthusiast. The
development of this cryptocurrency is completely donation based and community driven. It has been
linked to criminal operations around the world as of January 2021, Mineiro, has a market
cap of $2.8 billion and a poor token value of 158 point $37. So that's all for now and these
are my top 10 currencies by market cap other than Bitcoin that you definitely need to check out.
I hope you guys enjoyed this video and found it helpful.
Also, don't forget to check the link
in the description box to get more information. Thank you so much for watching, and I shall see
you guys in my next one till then take care bye.