For the first time since Bitcoin was founded Bitcoin is now a minority of the entire cryptocurrency market in terms of valuation at about 40% of all coins and assets. (At the time of this writing 6/28/17)
Litecoin
Litecoin is one of the first altcoins. It was forked from Bitcoin in 2011. Litecoin processes blocks 4x faster than Bitcoin.
(Market cap 2.1 Billion 6/28/17)
Ethereum
Ethereum launched in 2015. It is the largest coin by market capitalization aside from Bitcoin. Bitcoin is designed to be a payments protocol first. Ethereum enables developers to build and deploy decentralized applications, while also enabling smart contracts.
(Market Cap 30.2 Billion 6/28/17)
Ripple
Ripple (XRP) is the native currency of the Ripple Protocol. It’s already being used by banks such as Santander, Bank of America Merrill Lynch, UBS, and RBC. It solves a different problem than Bitcoin, allowing for settling payments between different currencies and even different payment systems.
(Market Cap 10.6 Billion 6/28/17)
Steem
Steem is a blockchain-based social media platform where anyone can earn rewards.
(Market Cap 438 Million 6/28/17)
Bitcoin gave wave for over 800 cryptocurrencies to emerge. This has created competition and diversification in the cryptocurrency market. Which Cryptocurrency do you think will be the next to have exponential growth?
