Here are some popular virtual currencies:
Bitcoin (BTC)
- Basic information: Released in 2009, it is the first successful decentralized digital currency.
- Technical features: Based on blockchain technology, it has the characteristics of immutability, decentralization and anonymity.
- Market position: It has long been the market value leader and is often called "digital gold". It is one of the most well-known virtual currencies on the market, with a current market value of approximately US$1.29 trillion.
Ethereum (ETH)
- Basic information: It was born in 2014 and is a smart contract platform.
- Technical features: It allows developers to build and run decentralized applications (DApps) on it, and its smart contract function provides unlimited possibilities for the development of blockchain technology.
- Market position: The market value is second only to Bitcoin. As the main token of the platform, Ethereum is an important tool for investors to participate in emerging financial models such as DeFi. The current market value is US$434.025 billion.
Tether (USDT)
- Basic information: Born in November 2014, it is a token based on the stable value currency US dollar (USD).
- Technical features: It maintains a 1:1 exchange ratio with the US dollar, and users can exchange it at any time, with high liquidity and stability.
- Market position: It is one of the most popular stablecoins on the market, with a current market value of US$85.285 billion, and is widely used in virtual currency transactions and payments.
Ripple (XRP)
- Basic information: Born on April 18, 2011, it is the base currency of the Ripple network.
- Technical features: Through unique distributed ledger technology and decentralized networks, it provides fast and low-cost cross-border payment solutions for global banks and financial institutions.
- Market position: It has been widely recognized worldwide, with a current market value of US$25.736 billion.
Dogecoin (DOGE)
- Basic information: Born on December 8, 2013, it was originally an entertainment digital currency.
- Technical features: no pre-mining, fair distribution, popular for its humorous, friendly image and strong community culture.
- Market position: The market value has reached 18.947 billion US dollars, showing a strong user base and community cohesion.
