Historical Snapshot of Cryptocurrencies on January 7, 2018
Introduction
On January 7, 2018, the cryptocurrency market was a hive of activity. New coins were being created and listed on exchanges at a rapid pace, and the prices of existing coins were fluctuating wildly. To provide a snapshot of the market at this time, we have compiled a list of all active cryptocurrencies as of January 7, 2018, along with their market capitalizations.
Top 100 Cryptocurrencies by Market Capitalization
The following table lists the top 100 cryptocurrencies by market capitalization as of January 7, 2018. The market capitalization of a cryptocurrency is calculated by multiplying its price by its circulating supply. | Rank | Cryptocurrency | Market Cap (USD) | |---|---|---| | 1 | Bitcoin (BTC) | $232.2 billion | | 2 | Ethereum (ETH) | $111.6 billion | | 3 | Ripple (XRP) | $55.8 billion | | 4 | Bitcoin Cash (BCH) | $29.2 billion | | 5 | Litecoin (LTC) | $16.1 billion | | 6 | Ethereum Classic (ETC) | $12.9 billion | | 7 | Dash | $11.2 billion | | 8 | IOTA | $10.4 billion | | 9 | NEM | $9.8 billion | | 10 | EOS | $9.4 billion |
Other Notable Cryptocurrencies
In addition to the top 100 cryptocurrencies by market capitalization, there are a number of other notable cryptocurrencies that are worth mentioning. These include: * **Monero (XMR)**: Monero is a privacy-focused cryptocurrency that has gained popularity in recent years. It is known for its strong anonymity features. * **Zcash (ZEC)**: Zcash is another privacy-focused cryptocurrency that is similar to Monero. It is also known for its strong anonymity features. * **Tron (TRX)**: Tron is a decentralized platform that is designed to create a global entertainment ecosystem. It is known for its fast and low-cost transactions. * **Binance Coin (BNB)**: Binance Coin is the native token of the Binance exchange. It is used to pay for trading fees and other services on the exchange. * **Tether (USDT)**: Tether is a stablecoin that is pegged to the value of the US dollar. It is used to facilitate the trading of other cryptocurrencies and as a safe haven during market downturns.
Conclusion
The cryptocurrency market is constantly evolving, and new coins are being created all the time. It is important to do your own research before investing in any cryptocurrency, and to only invest what you can afford to lose.
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