What are the top ten digital currencies?

The top ten digital currencies are: Bitcoin, Ethereum, Binance Coin, Tether, Ripple, Cardano, USDC, Polkadot, Dogecoin and Shiba Inu Coin.

##Top Ten Digital Currencies

1. Bitcoin (BTC)

Market value: 1.2 trillion US dollars
• Created in 2009, it is the first decentralized cryptocurrency
• Established Blockchains and Widespread Adoption

2. Ethereum (ETH)

Market Cap: $560 Billion
• Created in 2015, known for its smart contract platform
• can be used to build decentralized applications and tokens

3. Binance Coin (BNB)

Market cap: $89 billion
• Created in 2017, it is the native token of Binance exchange
• Can be used for transaction fees, Staking and participating in the Binance ecosystem

4. Stablecoin Tether (USDT)

Market Cap: $72 billion
• Stablecoins pegged to the U.S. dollar
• Commonly used in cryptocurrency trading to reduce volatility

5. Ripple (XRP)

• Market value: US$41 billion
• Founded in 2012 to provide cross-border payment solutions
• Has cooperated with multiple banks and financial institutions

6. Cardano (ADA)

• Market Cap: $32 Billion
• Created in 2017 with its research-driven approach and Known for scalability
• Aims to become a smart contract platform and decentralized financial center

7. USD Coin (USDC)

• Market Cap: $51 billion
• Another USD-pegged stablecoin
• Backed by the likes of Circle and Coinbase

8 . Polkadot (DOT)

• Market cap: $29 billion
• Created in 2020, it is a platform that provides interoperability of different blockchains
• Allow developers to connect and share data

9. Dogecoin (DOGE)

• Market Cap: $18 billion
• Created in 2013, initially seen as a joke coin imitating Bitcoin
• Gained widespread attention in 2021 with the support of Elon Musk

10. SHIB Popular for its large community and rapid growth

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