The world is seeing an ever increasing acceptance of the concept of utilising blockchain technology, and with this acceptance a greater awareness of their benefit to many facets of daily life. As such, we are seeing an exponential growth in the number of cryptocurrencies available for purchase, be it existing cryptocurrencies, or startup blockchains and their currencies Initial Coin Offering (ICO). On this page you can find the price of all cryptocurrencies currently available on exchanges for active trading. As with all of the price guides available on wise cryptos, please feel free to use the dropdown menu to select your fiat currency of choice for prices, and use our search function to find the crypto coin you want information for. (Live price updates are now turned on for mobile users as well, we have drastically improved bandwidth saving enabling us to offer you this feature).
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Cryptocurrencies past and present
When cryptocurrencies first came to the fore after the global financial crisis of 2008, they were hoped to become the replacement of the traditional financial institutions, the death of money and the end of the gobal banking empire. Very little of that initial ideology remains to this day with even the most hardened crypto anarchists talking up the inevitable institutional foray into the space and the impending launch of crypto exchanges run by the global banking elite, Wall Street, ICE/NYSE, Nasdaq, Fidelity, SBI and many other traditional big players.
Of the initial cryptocurrency white papers (B-Money, Bit Gold being two of the first) only Bitcoin made any real impact and as of 2018 remains the number 1 cryptocurrency by market cap size. Many have speculated on the direction the crypto market will head in the future and Bitcoin in particular has wide ranging predictions with some outspoken sources predicting prices ranging from $50,000 all the way up to $1m whereas other sources predict a massive fall from grace akin to the likes of Netscape, AOL, Pets.com, AltaVista, MySpace and other one time clear market leaders in their respective spaces. Only time will tell.
Some perspective for you though, if we take a look at the top 20 cryptocurrencies from 2014 only Bitcoin, Litecoin and XRP remain in the top 10 with Dash, Dogecoin and Nxt being the only others even in the top 100. Peercoin which was in 3rd position in 2014 has dropped to 183rd spot as of 2018 while other former top coins have fallen out of the top 400.
Definition of cryptocurrencies
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies are a kind of alternative currency and digital currency (of which virtual currency is a subset). Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.
The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency. Since the release of Bitcoin, over 4,000 altcoins (alternative variants of Bitcoin, or other cryptocurrencies) have been created.
Source – Wikipedia