Top 10 digital currencies for the year 2022 ... Bitcoin, Ether, Cardano, bnb .

 Top 10 digital currencies for the year 2022 ... Bitcoin, Ether, Cardano.

According to" Forbes " magazine reports, cryptocurrency statistics indicate that there are more than 19,000 digital currencies currently, and their representation of the encrypted market has reached a total market value of more than 1.3 trillion dollars, so what are these popular digital currencies!

 A digital currency is an encrypted asset that is traded via blockchain platforms, and it is decentralized, as its trader can trade it without going through central banks. The most famous digital currency is the leading currency, Bitcoin. 

• Bitcoin

 Bitcoin is the first cryptocurrency to be launched on the blockchain platform, with a market capitalization of $565 billion. It appeared in 2009 after it was launched by an unknown group known as Satoshi Nakamoto.

 The biggest rise for the bitcoin currency was in 2021, as the price of one currency exceeded 60 thousand dollars, to fall after that to below 29 thousand dollars, and it is currently trading in the range of 20 thousand dollars.

•  Ethereum

 The market value of Ethereum is $219 billion, and it is the second largest digital currency and a favorite among investors, as it is considered a safe and future-oriented currency. Ethereum is considered the preferred currency by programmers due to its potential applications, or what is known as smart contracts.

 The price of the Ethereum currency has increased dramatically due to the rest of the other currencies, as its price rose from the limits of 11 dollars to more than 1800 dollars between 2016 and 2022, an increase of 16,300%

•  Tether

 Its market value reached 72 billion dollars, its value being fixed, because it enjoys the support of its paper currency, such as the euro and the US dollar, and this makes it somewhat stable in its price, especially since it maintains a value equal to one of those categories of currencies.

 Regardless of the fact that it is not very popular like other currencies, it remains the preferred currency for some investors because it is almost stable and stable compared to other currencies that have always been volatile.

•  US dollar digital currency

 Its market value amounted to about $54 billion, and it is also among the stable currencies as Tether because it has the support of the US dollar and is operated by the encrypted currency Ethereum and used to complete global transactions.

•  Binance Queen 

 Binance Coin is a currency belonging to the famous trading platform Binance, with a market value of 49 billion dollars. This currency allows you to trade and pay fees on the Binance platform. It was launched in 2017 to become one of the largest exchanges in the world, and although its mission was to facilitate transactions, but it  It has expanded significantly to become one of the largest currencies in the crypto market.

 In addition, it has many other advantages instead of facilitating transactions and others, it allows you to pay and book travel and hotels, and you can also exchange it for other currencies such as Bitcoin and Ethereum.

• Ripple

 The value of the Ripple currency is $ 19 billion, making it the sixth largest currency in the encrypted market. It was launched by Ripple, a company specializing in digitization and payment processing. This currency can be used to exchange between different types of currencies, including paper currencies and other digital currencies.

•  Cardano

 With a market capitalization of $18 billion, it attracted a great deal of investor demand, after announcing its early adoption of “Proof of Health” validation. Proof of health is one of the popular methods aimed at accelerating the processing time. Cardano works on the approach of smart contracts and decentralized applications.

•  Binance US dollar

 The market value of this cryptocurrency is $18 billion, and it is also a stable currency like some other currencies that were established by “Paxos” with the “Binance” platform, which is one of the currencies backed by dollars.

•  Solana

 A market value of 14 billion dollars, developed in order to support the uses of decentralized finance, smart contracts, as well as decentralized applications, Sitta 2020 was founded at a price of $ 0.77 to grow about 5100% and become at a price of 40.58 dollars.

•  Dogecoin

 It has a market value of 11 billion dollars. It was established in 2013 to be received by investors with a wave of criticism and ridicule on the grounds that it is a fraudulent currency and a mere joke.

 However, it has become a prominent cryptocurrency thanks to its leadership in the creative memes industry and rose by 40,000% to become 0.08 dollars after it was 0.0002 dollars .

These were the 10 best digital currencies that we presented to you in order of strength in exchange, liquidity and popularity for the year 2022, as Bitcoin still strongly controls the popularity of digital currencies.