TOP 15 CRYPTOCURRENCIES IN 2023 AND THEIR PRICES
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The popularity of Cryptocurrencies in 2023 increased drastically because people like Elon musk purchased cryptocurrencies and bitcoin, leading to a lot of people purchasing bitcoin and dogecoin, and this, in turn, led to the increase in the popularity of those currencies.
There are a lot of cryptocurrencies at the time of writing this article, but we will focus mainly on the popular ones in 2023 and list their prices at the time of writing this article.
Finally, please note that prices can increase or decrease at any time as they are not static. Before you continue reading this article, ensure that you read our post on the best cryptocurrency wallets one should consider.
Below is a list of the top fifteen(15) cryptocurrencies in the world:
Bitcoin is the most popular cryptocurrency in the world at the time of writing this article it was invented in 2008 by Satoshi Nakumuro and was released as open-source software. Bitcoin is a decentralized currency, and nobody owns it. The security used in Bitcoin is called cryptography, and as of the time of writing this article, 1bitcoin is worth $53,050 and might increase further.
There are many bitcoin wallets available worldwide, and you can check the popular ones in our previous article titled top bitcoin wallets in the world. Bitcoin is the fastest-growing cryptocurrency, with its price being $1 in 2008 and over $50,000 in 2021, approximating over a 500% increase in just 13 years.
Ethereum is second on our list because of the immediate surge in the price of ethereum over the last two (2) years. Ethereum was released in 2015, and it is one of the youngest cryptocurrencies in the top 10 before binance. Vitalik Buterin founded Ethereum and Gavin Wood, and the software was written in Go, Rust, C#, C++, Java, and Python.
Ethereum is currently worth $1735.17, and there are a lot of wallets that one can use to store them, so ensure that you read our post on that topic.
Bitcoin Cash is a fork of Bitcoin hence the name Bitcoin Cash. It was founded or created in the year 2017, and it is split into Bitcoin Cash and Bitcoin SV. Bitcoin cash is not that popular, but it is among the most expensive cryptocurrencies in the world at the time of writing this article. Bitcoin cash is the most stable of all the popular cryptocurrencies, and it is currently worth $607.43.
Binance is a cryptocurrency founded in 2017 by Chanpeng Zhao and Yi he and Chanpeng Zhao is a developer who created high-frequency trading software. Binance is currently worth $261 as of the time of writing this article, and the price might increase at any time, so ensure that you check binance official website on a regular basis.
Litecoin is a peer-to-peer cryptocurrency that was created in the year 2011 and released under the MIT/X11 license. Litecoin is a project fork of bitcoin, and it was written in C++ it is also supported by the following operating systems Windows, OsX, Linux, and Android.
1 litecoin is currently worth $203.92, and this price was a result of the surge in the previous weeks, where 1 litecoin was worth less than $200.
Dogecoin is a cryptocurrency that was invented in the year 2013 by Billy Markus and Jackson Palmer. Doge is supported by operating systems such as Windows, Linux, IOS, and Android.
Dogecoin is the least popular and the slowest-growing cryptocurrency on our list, and it is currently worth $0.06. The price of dogecoin was relatively lower than that, but this is where the influence of Elon Musk came into play.
Tether is a cryptocurrency that belongs to a group of cryptocurrencies called stablecoins, and stablecoins aim to keep the price of cryptocurrencies like Bitcoin and Ethereum stable. Tether was built on top of the Bitcoin protocol, and its founders are Brock Pierce, Reeves Collins, and Craig Sellars.
As of the time of writing this article, a tether is currently worth $1, and you can visit their website, www.tether.to and create an account or sign in if you have already created an account.
Cardano is a cryptocurrency introduced in 2017, but the development started two(2) years before by Charles Hoskinson, a co-founder of Ethereum. Cardano was written in Haskell, a general-purpose and statistically typed programming language. Cardano is currently developed by the Cardano foundation based in Switzerland.
XRP is also known as ripple, and it was initially released in 2012 by Ripple Labs Inc; the developers are Arthur Britto, David Schwartz, and Ryan Fugger. Ripple is written in C++, and the operating systems that support it are Linux, Windows, and macOS.
Uniswap is a decentralized finance protocol that Hayden Adams developed, and it guarantees liquidity for millions of users and hundreds of Ethereum applications. Uniswap is an open-source cryptocurrency, meaning the code can be copied and used to create another decentralized exchange.
Stellar, like Uniswap, is an open-source cryptocurrency that Jed McCaleb and Joyce Kim developed, and it was released on 31st July 2014. Stellar is used for exchanging money or tokens using the Stellar Consensus Programs.
USD coin is a stable coin that runs on the ethereum blockchain. It is managed by the Centre, a company that came into existence through the collaboration between Blockchain and Bitmain. USD coin has the following features:
- Stable Value
- Backed by USD Dollars
- Powered by Ethereum
- Global Transactions
A wrapped coin is a tokenized version of another coin(bitcoin, ethereum etc.) and an example of a wrapped coin is a Wrapped bitcoin which is a token representing Bitcoin on the ethereum blockchain.
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