Accordingly, you can choose to invest some money from your overall cryptocurrency allocation in these two.ĭo you need help investing in ETFs, bonds, or other investment options? Master your investment journey with simple guides here.Ģ) Total coins to be mined and current supply So, these are the bluechips of the crypto world. Table: Top 10 cryptocurrencies based on market capitalisationĪs seen in the above table, out of the total market capitalisation of USD 934.23 billion for all cryptocurrencies, Bitcoin (39.6%) and Ethereum (17.2%) together contribute 56.8%. Here is a list of the top 10 cryptocurrencies ranked by market capitalisation.
Ranking cryptocurrencies based on market capitalisation is one way of selecting them for investment. There are many things to consider when choosing the best cryptocurrency to invest in 2022. In this article, we will see how you can shortlist the best cryptocurrency to invest in. Given these numbers, it is very easy to get overwhelmed and be confused about which cryptocurrencies to choose for investment. The numbers are only increasing with each passing year.Īccording to data published on the CoinMarketCap website, as of 29 September 22, the global crypto market cap is USD 934.23 billion trading at 526 exchanges globally. As of July 2022, there were more than 20,268 cryptocurrencies in the world, according to Crypto Space Statistics. Since then, many cryptocurrencies have been introduced. It was invented in 2008 and released in 2009.
Bitcoin was the first decentralised cryptocurrency. Cryptocurrency is a digital currency that works under a decentralised system.
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