Top 100 Cryptocurrencies On CoinMarketCap In One Sentence
CoinMarketCap is the number one place most people go to get an understanding of how well a cryptocurrency is performing.
It used by many experts, pundits and others interested in the world of cryptocurrency .
But sometimes all the new names can get confusing and it can be hard to tell different altcoins apart.
That’s why we made this list of the top 100 cryptocurrencies on CoinMarketCap and what makes them unique in one simple and short sentence.
Top 100 Cryptocurrencies On CoinMarketCap In One Sentence
Please bear in mind that CoinMarketCap updates their list regularly and so the ranking below will likely be out of date.
1. 
Bitcoin
The first and most well-known cryptocurrency has gone through dramatic rises and falls.
2. Ethereum
Bitcoin’s biggest rival with a key focus on smart contracts and dApps.
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Ripple
The fastest cryptocurrency to date, however, it is centralised which is off-putting for some.
4. 
Bitcoin Cash
A clone of Bitcoin with blocks eight times larger.
5. 
Litecoin
One of the oldest altcoins, four times faster than Bitcoin.
6.
Binance Coin
A cryptocurrency that gives traders discounts on the Binance exchange.
7. 
Tether
A cryptocurrency supposedly tied to the US dollar.
8. 
EOS
Ethereum’s closest rival for smart contracts and dApps.
9. 
Bitcoin SV
A clone of Bitcoin Cash that attempts to follow Satoshi Nakamoto’s original vision.
10. 
Monero
The most well-known privacy coin.
11. 
Stellar
Created to facilitate cross-asset transfer, Ripple’s little brother.
12. 
TRON
A platform for decentralising online content.
13. 
Cardano
Third generation cryptocurrency trying to improve upon Bitcoin and Ethereum.
14. 
UNUS SED LEO
Utility token for the Bitfinex exchange.
15. 
Dash
Facilitates both private transactions and instant transactions.
16. Tezos
Smart contract platform attempting to compete with Ethereum.
17. 
Chainlink
Another smart contract platform attempting to compete with Ethereum
18. 
NEO (NEO)
The ‘Chinese’ Ethereum that can be coded in multiple languages.
19. IOTA
Attempts to speed up transactions using the Internet of things and a DAG algorithm.
20. 
Cosmos
Wants to be the Internet of blockchains .
21. 
Ethereum Classic
The old Ethereum blockchain where the DAO hack still occurred.
22. 
NEM
Centralised blockchain without miners.
23. 
Maker
A cryptocurrency that allows people to make collateralised debt positions .
24. 
Ontology
Targeting enterprise adoption and use of blockchain technology.
25. 
Zcash
Another cryptocurrency with a focus on privacy
26. 
Crypto.com Chain
A token that allows cross-asset settlement.
27. 
USD Coin
Yet another stablecoin tied to the US dollar.
28. 
V Systems
A blockchain cloud database that also supports dApps.
29. 
Dogecoin
A cryptocurrency based around the Doge meme.
30. 
Decred
A cryptocurrency with a focus on on-chain governance.
31. 
Bitcoin Gold
A fork of Bitcoin that uses GPU mining.
32. 
VeChain
A platform designed to enhance supply chain management processes.
33. 
Qtum
Taking the best parts of Bitcoin and Ethereum and mixing them together.
34. 
Basic Attention Token
A token designed to transform the digital advertising world.
35. 
HedgeTrade
Using blockchain technology to create a social platform for traders.
36. 
Huobi Token
A cryptocurrency used on the Huobi exchange.
37. 
OmiseGO
A project aiming to ‘unbank the banked’.
38. 
Egretia
A HTML5 blockchain platform for building apps.
39. 
Paxos Standard Token
Yet another stablecoin tied to the US dollar.
40. 
TrueUSD
And another cryptocurrency supposedly tied to the US dollar.
41. 
Lisk
Wants to bring blockchain development to the masses.
42. 
BitTorrent
Utility token for BitTorrent.
43. 
KuCoin Shares
Utility token for the KuCoin exchange.
44. 
Ravencoin
A platform for creating your own asset.
45. 
Nano
Designed to be super-fast, scalable and without fees.
46. 
Bitcoin Diamond
A fork of Bitcoin with a max supply 10 times larger.
47. 
Energi
Highly modified fork of Dash.
48. 
Waves
Supposedly the fastest blockchain where users can create their own tokens.
49. 
Holo
An alternative to blockchain which may be good for building dApps.
50. 
Pundi X
Planning to make it easier for merchants and customers to do use cryptocurrency.
51. 
MonaCoin
A Japanese cryptocurrency based on the popular ASCII art character, Mona.
52. Lambda
Another project that plans to use blockchain for data storage.
53. Augur
Decentralised prediction market platform for traders.
54. 
BitShares
Aims to solve the issue of scaling.
55. 
DigiByte
Built to be faster and more scalable than Bitcoin.
56. 
EDUCare
A multi-chain, multi-consensus blockchain for dApps.
57. 
0x
A platform for exchanging digitalised tokens.
58. 
Aurora
Creating a decentralised crypto-banking experience.
59. 
Quant
Building an OS to connect multiple blockchains.
60. 
ICON
Another decentralised project to bring together multiple blockchains.
61. 
IOST
A blockchain that uses a ‘proof of believability’ algorithm.
62. 
GXChain
A permissionless blockchain designed to create a trusted data Internet of value.
63. 
Nash Exchange
Cryptocurrency for the Nash Exchange.
64. 
Bytom
Digitalising assets to make them easier to exchange.
65. 
Bytecoin
Another private and untraceable cryptocurrency.
66. Siacoin
A decentralised cloud storage platform.
67. 
THETA
Creating an infrastructure for decentralised video streaming.
68. 
Insight Chain
Aiming to establish the world's first big data ecosystem public blockchain.
69. 
Komodo
A platform for building ‘smart chains’.
70. 
Mixin
Attempting to create interoperability amongst different blockchains.
71. 
ABBC Coin
Attempting to improve problems related to e-commerce.
72. 
HyperCash
Another cryptocurrency trying to create interoperability between different blockchains.
73. 
Ren
Also trying to create interoperability between different blockchains.
74. 
Verge
Another secure and anonymous cryptocurrency.
75. 
MaidSafe Coin
Another project attempting to decentralise the Internet.
76. 
Zilliqa
Developing a high throughput blockchain.
77. Aeternity
Creating smart contracts that use real-time data.
78. 
U Network
A decentralised protocol for publishing and valuing online content.
79. 
Dai
A stablecoin not tied to any fiat.
80. Steem
A blockchain-based social media platform.
81. VestChain
An open-source blockchain for smart contracts and machine learning services.
82. 
Japan Content Token
A cryptocurrency for issuing tickets for events in Japan.
83. 
Status
A mobile Ethereum-based operating system.
84. 
Waltonchain
Similar to IOTA in how it wants to integrate the Internet of things with blockchain.
85. 
Zcoin
A privacy coin that uses the ‘Sigma Protocol’.
86. 
NEXT
Attempting to become the ‘next’ generation of advanced solutions for global transactions.
87. 
RIF Token
Building an easy to use OS for blockchain technology.
88. 
Ardor
A blockchain platform designed for business.
89. 
Crypto.com
A coin to raise money for Crypto.com, has a working relationship with Visa.
90. Metaverse ETP
Building a web of ‘smart properties’ where value can flow freely.
91. 
XMax
Building an entertainment-focused blockchain ecosystem.
92. 
Enjin Coin
A cryptocurrency for building blockchain games.
93. 
WAX
A platform to buy, sell, create or trade virtual items.
94. Golem
Decentralising computing power, receive rewards for sharing your computing power.
95. 
MaxiMine Coin
Cloud-based mining platform where users receive MaxiMine rewards by staking tokens.
96. 
Grin
Marrying privacy with speed.
97. 
Aelf
Building a decentralised cloud computing blockchain network.
98. Clipper Coin
Aims to become the Goldman Sachs of the cryptocurrency market.
99. 
Elastos
Aiming to create a blockchain-based Internet.
100. 
Nexo
Loan them your crypto and get cash in return.
Key highlights
There are a number of cryptocurrencies in CoinMarketCap ’s top 100 that are attempting to achieve the same thing.
- Decentralise the Internet;
- Create interoperability between different blockchains;
- Decentralise online content;
- Create a decentralised database for cloud storage;
Is CoinMarketCap accurate?
CoinMarketCap is by far the most used website to get an idea of a cryptocurrencies market capitalisation.
However, there are some critics out there that are not sure how accurate CoinMarketCap is.
They claim that the site unquestioningly publishes data from cryptocurrency exchanges. This is important because some exchanges may claim to be dealing with more cryptocurrency than they actually have
In turn, this gives viewers an inaccurate picture of how well cryptocurrencies are performing.
This doesn’t mean that CoinMarketCap is not correct though, just that it is worth bearing in mind the figures are not likely to be totally correct.
CoinMarketCap can be used for more than market capitalisation
It is worth playing around with the different ways in which CoinMarketCap can display activity. Don’t just look at the total market capitalisation. Remember to also look at:
You can also view prices in BTC, ETH, BCH, LTC and XRP as well.
All this will give you a much clearer picture of which cryptocurrencies are trending upwards, ranging or trending downwards as well as what direction they may take in the near future.
Check out alternatives to CoinMarketCap
A good alternative to CoinMarketCap would be CoinGecko , another well-known website for cryptocurrency market capitalisation and perhaps their biggest rival.
Other useful sites include coinpaprika , openmarketcap and messari (also known as OnChainFX).
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