*Information gathered on October 5th, 2017

Introduction:

The total cryptocurrency market cap has had an explosive year in 2017. It started off January 1st, with around $17,679,400,000 USD, with a 24 hour moving volume of $129,921,000 USD according to coinmarketcap.com. By June 14th, the cap had raised to around $116,281,000,000 USD, with a 24 hour moving volume of $4,206,550,000 USD. Just about 3 months later, on September 2nd, the total cryptocurrency market cap reached an all time high of $178,928,000,000 USD, and had an astounding 24 hour moving volume of $8,069,450,000 USD! And on October 5th, 2017, at 03:47:00 UTC, those numbers had slumped slightly, down to $142,271,000,000 USD & $2,762,430,000 USD respectively.

With this boom in the digital currency total market cap, let’s see who the top 10 cryptocurrencies currently are.

#1. Bitcoin:
As expected (for now at least), Bitcoin took the lead with a market cap of around $69,333,197,783 USD, and a 24 hour moving volume of $1,165,480,000 USD (that’s a lot of movement). It currently has a circulating supply of around 16,604,487 BTC, and a price of $4,175.57 USD per bitcoin.

#2. Ethereum:
As has been the case for a while now, Ethereum is still in second place with a market cap of around $27,469,678,856 USD, and a 24 hour moving volume of $274,784,000 USD. It currently has a circulating supply of around 94,958,134 ETH, and a price of $289.28 USD per Ether.

#3. Ripple:
Now we start to get into the main competition grounds. Currently at number three, is Ripple. It has a market cap of around $8,541,512,562 USD, with a 24 hour moving volume of $274,386,000 USD. It currently has a circulating supply of around 38,343,841,838 XRP, and a price of $0.222761 USD per XRP.

#4. Bitcoin Cash:
The most recent Bitcoin Fork (although we’re awaiting Bitcoin Gold very soon), Bitcoin Cash has a market cap of around $5,817,295,707 USD, with a 24 hour moving volume of $293,491,000 USD. It currently has a circulating supply of 16,662,263 BCH, and a price of $349.13 USD per BCH.

#5. Litecoin:
Litecoin is a Bitcoin derivative, and has a current market cap of around $2,700,562,523 USD, with a 24 hour moving volume of $81,585,600 USD. It currently has a circulating supply of 53,236,132 LTC, and a price of $50.73 USD per LTC.

#6. Dash:
Dash currently has a market cap of around $2,271,382,776 USD, with a 24 hour moving volume of $42,673,400 USD. It currently has a circulating supply of 7,602,242 DASH, and a price of $298.78 USD per DASH.

#7. NEM:
NEM has a current market cap of around $1,923,390,000 USD (you can see their values are dropping off fast as we go down the list), with a 24 hour moving volume of $2,319,530 USD. It currently has a circulating supply of 8,999,999,999 XEM, and a price of $0.213710 USD per XEM.

#8. NEO:
NEO (dubbed by many as the Ethereum of China) currently has a market cap of around $1,473,965,000 USD, with a 24 hour moving volume of $62,425,800 USD (interesting). It has a current circulating supply of 50,000,000 NEO, and a price of $29.48 USD per NEO.

#9. IOTA:
IOTA has a current market cap of around $1,456,034,703 USD, with a 24 hour moving volume of $8,346,040 USD. It currently has a circulating supply of 2,779,530,283 MIOTA, and a price of $0.523842 USD per MIOTA.

#10. Monero:
Monero currently has a market cap of around $1,350,173,947 USD, with a 24 hour moving volume of $27,559,900 USD. It has a current circulating supply of 15,173,477 XMR, and a price of $88.98 USD per XMR.

Conclusion:

The cryptocurrency market doesn’t appear to be going anywhere soon but up. New digital currencies are being created all the time, and there’s plenty of room for competition and rank. For the time being, however, it seems unlikely that any digital token will boot Bitcoin & Ethereum off of 1st & 2nd place.

Although it may not rank in this list, our DinarCoin token (DNC) is something for cryptocurrency enthusiasts to consider. It’s a digital currency, attached to the price of gold, you can find out more at: dnc.dinardirham.com. And if you want to store, use, or trade your DinarCoin, or Bitcoin, or Ethereum, or some other tokens, then check out our other project: the advanced & secure Blockchains.my digital wallet app. It stacked with amazing features, several payment options, and is designed for cryptocurrency veterans and novices alike.

Thanks for reading, we hope you enjoyed this week’s article.
Have a great weekend!
The DinarDirham team.


Resources:
https://coinmarketcap.com/  
https://www.bitcoin.com/
https://bitcoin.org/
https://ethereum.org/
https://ripple.com/
https://www.bitcoincash.org/
https://litecoin.org/
https://www.dash.org/
https://nem.io/
https://bravenewcoin.com/news/neo-price-analysis-ico-tokens-soon-to-be-released/
https://iota.org/
https://getmonero.org/
https://dnc.dinardirham.com/
https://bcmy.io/

 

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