- Many crypto seen a great surge with the boom of the entire market.
- Best 5 crypto tokens by volume are USDT, BTC, ETH, SOL, BUSD.
The cryptocurrency market has seen a great surge with the boom of the entire market finally after a long time. With this great surge in the crypto market, there are few top altcoins based on market volume. Let us discuss about them here:
1. Tether (USDT)
Tether (USDT) stands in the top list of crypto tokens by volume. Moreover, USDT is a stablecoin which is the same as the US dollar. In addition, the token is delivered by a Hong Kong-related company Tether. Added to this, the token’s peg to the USD is attained through maintaining a sum of commercial paper, cash, reserve repo notes, and treasury bills in reserves which is equal in USD value to the number of Tether in circulation.
According to CoinMarketCap, the USDT price is trading at $1 with a 24-hour trading volume of $94,257,517,832, at the time of writing.
2. Bitcoin (BTC)
Bitcoin (BTC) is called the King of cryptocurrency. BTC takes the second position in the crypto list. More so, the BTC was developed in 2008 by an individual or group of people named Satoshi Nakamoto.
As per CoinMarketCap data, the BTC price is trading at $45,628.03 with a 24-hour trading volume of $40,587,083,677, at the press time.
3. Ethereum (ETH)
Ethereum (ETH) takes the third place in the best crypto by volume. The platform is a decentralized open-source blockchain platform which has its own crypto named Ether. Moreover, ETH works as a platform for many digital assets also for the execution of decentralized smart contracts.
According to CoinMarketCap, the ETH price is trading at $3,293.80 with a 24-hour trading volume of $22,691,877,393, at the time of writing.
4. Solana (SOL)
Solana protocol is developed to offer decentralized app (DApp) development. In fact, the platform offers to improve scalability through a proof-of-history (PoH) consensus together with the underlying proof-of-stake (PoS) blockchain consensus.
As per CoinMarketCap, the SOL price is trading at $181.21 with a 24-hour trading volume of $6,988,404,490, at the press time.
5. Binance USD (BUSD)
Binance USD (BUSD) takes the fifth place in the ranking by volume. Moreover, BUSD is considered the same as stable coin Tether. The platform was launched on Sep 05, 2019, BUSD aims to meld the dollar stability with blockchain technology.
As per CoinMarketCap, the BUSD price is at $1, with a 24-hour trading volume of $6,949,206,192, at the time of writing.
