#BinanceSquareFamily Basics of hot coins
1. Bitcoin (BTC):
Current Price: $96,035
Market Cap: $1.87 trillion
Overview: Despite recent fluctuations, Bitcoin remains a primary store of value in the crypto space. Its limited supply and increasing institutional adoption continue to bolster its position.
2. Ethereum (ETH):
Current Price: $2,613.17
Market Cap: $415.29 billion
Overview: Ethereum's transition to a Proof-of-Stake consensus mechanism has enhanced its scalability and energy efficiency. It remains the leading platform for decentralized applications (dApps) and decentralized finance (DeFi) projects.
3. Solana (SOL):
Current Price: $194.36
Market Cap: $112.75 billion
Overview: Known for its high transaction speeds and low fees, Solana has attracted numerous projects in the DeFi and NFT sectors, positioning it as a strong competitor to Ethereum.
4. Chainlink (LINK):
Current Price: $18.02
Market Cap: $11.11 billion
Overview: As a decentralized oracle network, Chainlink connects smart contracts with real-world data, making it essential for many blockchain applications.
5. Avalanche (AVAX):
Current Price: $24.29
Market Cap: $17.48 billion
Overview: Avalanche offers a high-performance blockchain platform with rapid transaction speeds and low fees, making it a viable alternative for DeFi applications