- Several cryptocurrencies have emerged to join the most prominent, Bitcoin.
- The top ranking includes a variety of stablecoins.
- Crypto assets were allegedly under pressure to the downside in the recent past.
Although Bitcoin was the first significant cryptocurrency released in 2009, several others have emerged and grown popular, albeit not as massive.
We have compiled a list of the most popular crypto assets, detailing their use and the factors that may contribute to their meteoric growth in value this year.
1. Bitcoin (BTC)
There is a widespread belief that Bitcoin may be used as a haven investment and has been dubbed “digital gold.” It has a lengthy record of consistent growth, making it a promising investment option.
Bitcoin may be used for many online transactions and is accepted at many brick-and-mortar establishments. So far, it has proven to be the most popular cryptocurrency for purchasing physical and virtual products and services.
2. Ethereum (ETH)
Ethereum is a distributed network where users may execute smart contracts. These are examples of programs that can run atop the Ethereum network.
Ethereum is intended for a different funct…
The post Top 10 Popular Cryptocurrencies to Watch in 2023 appeared first on Coin Edition.