Top 5 Cryptocurrency Platforms 2024

  In this article I will talk about crypto currency, invest in crypto with caution. I am going to give you information about the top 5 crypto currencies of the world.

Top 5 crypto currency in the world.

Artical points 

1.Bitcoins

2.Ethereum

3.litcoins

4.pixl

5.Toncoins

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1.Bitcoins 

Price-    $65733(USD)

Bitcoin is a digital money. It is not operated by any central bank. It is a decentralized money. It was created for digital payment, i.e. based on computers. It was started by Satoshi Naofumoto in January 2009 and currently there are 1 crore bitcoins in the world. You and I can use it like physical money. There is no extra charge for its transactions. On investing in this currency,

     Warren Buffett says that I would not even want to spend $25 on it because it does not generate anything. And in 2014, a crypto currency called Mount Gox was hacked in which about 8 lakh bitcoins were stolen, out of which 2 lakh were recovered.

2.Ethereum

Price-  $2,596.83(usd)

      Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.

             Ethereum was created by Vitalik Buterin in 2013. Buterin, along with the other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and at an initial (ICO) price of $0.311, over 60 million Ether were sold. Given the price of Ethereum now, this puts the return on investment (ROI) at an annual rate of over 270%, which roughly quadruples your investment every year.

3.litcoins

Price-$66.37(usd)

Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology. 

          The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction time and some other factors. Litecoin's block time is only 2.5 minutes and transaction fees are extremely low.

         Litecoin was released via an open-source client on GitHub on October 7, 2011, and the Litecoin network went live five days later on October 13, 2011. Since then, both its use and acceptance among merchants has exploded and it is counted as one of the top 10 cryptocurrencies.

            The cryptocurrency was created by Charlie Lee, a former Google employee, who sought to make Litecoin a "lighter version of Bitcoin", with many properties similar to Bitcoin.

4.pixl

Price-$0.05211(usd)

PIXEL is a gaming utility token for the Pixelverse. It will be used for all gaming related transactions.

 Pixelverse is an NFT project founded by the creators of Sappy Seals. These projects fall under the banner of Pixel Labs who have an in-house industry leading team of game designers, developers, tokenomics experts and marketers The public launch of Pixelverse and the game took years to develop until it became iconic in the competitive and casual gaming landscape.

 For all Pixelverse in-game purchases as well as other Pixel Labs related promotions.

5.Toncoins

Price-$5.18(usd)

TonCoin is the native cryptocurrency of the decentralized blockchain, The Open Network. The TON blockchain is open-source and supported by a number of network contributors, including the Switzerland-based non-profit organization, the TON Foundation. Since 2017, the Telegram team had been developing the codebase for a blockchain network, then named Telegram Open Network (TON), with a native cryptocurrency called 'grams'.

     In May 2020, Telegram founder and CEO Pavel Durov announced the end of Telegram's involvement with the TON blockchain following a court order from the SEC. The Gram token was never released. Since 2020, the technology has been developed by an independent community of developers and blockchain enthusiasts. The non-profit TON Foundation is the most prominent of these supporters.

     The blockchain was renamed from "Telegram Open Network" to "The Open Network", with TonCoin now being the native cryptocurrency of the TON network. The whitepaper includes part of the original codebase written by Dr. Nikolai Durov, Telegram co-founder and Pavel Durov's brother.

     The Toncoin network uses a proof-of-stake (PoS) consensus model for scalability and reliability. The TON Foundation's vision is to empower 500 million users to own their digital identity, data, and assets by 2028 by empowering developers to build a Web3 ecosystem in the Telegram messenger.