A league table of the 120 cryptocurrencies with the highest market cap reveals how diverse each crypto is and potentially how much risk is involved when investing in one. Bitcoin (BTC), for instance, had a so-called “high cap” – a market cap worth more than 10 billion U.S. dollars – indicating this crypto project has a certain track record or, at the very least, is considered a major in the cryptocurrency space. Interestingly, Bitcoin is one of the (very) few coins listed as “store of value”, or crypto designed to hold or even increase purchasing power over time. Simply put: Bitcoin somewhat functions like a digital gold but has limited functionality or applications elsewhere. Compare this to, for example, developments on XRP or Ripple – a crypto with roots in B2B payments – or Solana (SOL) – a coin that powers parts of the Decentralized Finance or DeFi world.
Biggest cryptocurrency in the world – both coins and tokens – based on market capitalization on January 29, 2024
(in billion U.S. dollars)
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Other statistics that may interest you Cryptocurrencies
Overview
3
Users
3
Market cap
5
Trading
4
Adoption
3
Exchanges
6
Wallets
4
Energy
3
Fraud
3
Further related statistics
12
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Statista, & CoinMarketCap. (January 29, 2024). Biggest cryptocurrency in the world – both coins and tokens – based on market capitalization on January 29, 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 01, 2024, from https://www.statista.com/statistics/1269013/biggest-crypto-per-category-worldwide/
Statista, und CoinMarketCap. “Biggest cryptocurrency in the world – both coins and tokens – based on market capitalization on January 29, 2024 (in billion U.S. dollars).” Chart. January 29, 2024. Statista. Accessed February 01, 2024. https://www.statista.com/statistics/1269013/biggest-crypto-per-category-worldwide/
Statista, CoinMarketCap. (2024). Biggest cryptocurrency in the world – both coins and tokens – based on market capitalization on January 29, 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 01, 2024. https://www.statista.com/statistics/1269013/biggest-crypto-per-category-worldwide/
Statista, and CoinMarketCap. “Biggest Cryptocurrency in The World – Both Coins and Tokens – Based on Market Capitalization on January 29, 2024 (in Billion U.S. Dollars).” Statista, Statista Inc., 29 Jan 2024, https://www.statista.com/statistics/1269013/biggest-crypto-per-category-worldwide/
Statista & CoinMarketCap, Biggest cryptocurrency in the world – both coins and tokens – based on market capitalization on January 29, 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1269013/biggest-crypto-per-category-worldwide/ (last visited February 01, 2024)
Biggest cryptocurrency in the world – both coins and tokens – based on market capitalization on January 29, 2024 (in billion U.S. dollars) [Graph], Statista, & CoinMarketCap, January 29, 2024. [Online]. Available: https://www.statista.com/statistics/1269013/biggest-crypto-per-category-worldwide/
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