Top 10 Cryptocurrencies In December 2021

8. U.S. Dollar Coin (USDC)

  • Market cap: Over $38 billion

Similar to Tether, USD Coin (USDC) is a stablecoin that aspires for a 1 USD to 1 USDC ratio and is backed by U.S. dollars. Ethereum powers USDC, and you may use USD Coin to execute cross-border transactions.

9. Polkadot (DOT)

  • Market cap: Over $37 billion

Various blockchains may be used by cryptocurrencies; Polkadot (and its namesake coin) tries to unify them by building a cryptocurrency network that links the different blockchains so they can cooperate. Since Polkadot’s inception in 2020, this integration has sparked significant growth and may transform how cryptocurrencies are maintained. Its price increased almost 1,300% from September 2020 and November 2021, from $2.93 to $38.61.

10. Dogecoin (DOGE)

  • Market cap: Over $28 billion

Celebrities and wealthy people like Elon Musk have made Dogecoin a popular issue. A popular cryptocurrency that was infamously introduced as a joke in 2013 quickly rose to prominence, owing to a passionate community and innovative memes. There is no cap on the amount of Dogecoins that may be issued, unlike many other cryptocurrencies like Bitcoin, which makes the currency vulnerable to depreciation as supply rises.

In 2017, Dogecoin cost $0.0002. Its cost reached $0.22 on November 30, 2021, an increase of over 110,000%.

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