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Top Binance Coins 2018: A Look Back at the Most Popular Cryptocurrencies on the Platform
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Introductioncrypto,coin,price,block,usd,today trading view,In 2018, the cryptocurrency market experienced a rollercoaster ride, with prices skyrocketing and cr airdrop,dex,cex,markets,trade value chart,buy,In 2018, the cryptocurrency market experienced a rollercoaster ride, with prices skyrocketing and cr
In 2018, the cryptocurrency market experienced a rollercoaster ride, with prices skyrocketing and crashing in a matter of months. As one of the leading cryptocurrency exchanges, Binance played a significant role in this dynamic market. This article takes a look back at the top Binance coins in 2018, highlighting the most popular cryptocurrencies on the platform.
1. Bitcoin (BTC)
As the king of cryptocurrencies, Bitcoin topped the list of top Binance coins in 2018. With its unmatched market dominance, Bitcoin remained the most sought-after digital asset on the platform. Its price surged to an all-time high of nearly $20,000 in December 2017, making it the most valuable cryptocurrency in the market.
2. Ethereum (ETH)
Ethereum, the second-largest cryptocurrency by market capitalization, also made it to the top Binance coins in 2018. Known for its smart contract functionality, Ethereum allowed developers to create decentralized applications (DApps) and tokens. Its price experienced a significant surge in 2018, reaching a high of around $1,400 in January.
3. Ripple (XRP)
Ripple, a digital payment protocol, ranked among the top Binance coins in 2018. Its primary goal is to facilitate cross-border payments with lower transaction fees and faster processing times. The XRP token experienced a surge in value, peaking at around $3.40 in January 2018.
4. Bitcoin Cash (BCH)
Bitcoin Cash, a hard fork of Bitcoin, made it to the top Binance coins in 2018. Created to address scalability issues, Bitcoin Cash aimed to offer faster and cheaper transactions. Its price surged to a high of around $4,000 in December 2017, making it one of the most valuable cryptocurrencies in the market.
5. Litecoin (LTC)
Litecoin, often referred to as the "silver" of cryptocurrencies, ranked among the top Binance coins in 2018. Created by Charlie Lee, Litecoin offered faster transaction confirmation times than Bitcoin. Its price reached a high of around $370 in December 2017.
6. Cardano (ADA)
Cardano, a blockchain platform focused on improving the scalability and sustainability of smart contracts, made it to the top Binance coins in 2018. Its native token, ADA, experienced a significant surge in value, reaching a high of around $1.30 in January 2018.
7. IOTA (MIOTA)
IOTA, a decentralized network designed for the Internet of Things (IoT), ranked among the top Binance coins in 2018. Its unique architecture allowed for feeless transactions and a more efficient energy consumption. The IOTA token experienced a surge in value, reaching a high of around $5.50 in January 2018.
8. EOS (EOS)
EOS, a blockchain platform designed to support decentralized applications, ranked among the top Binance coins in 2018. Its native token, EOS, aimed to offer a more scalable and user-friendly platform for DApps. The EOS token experienced a significant surge in value, reaching a high of around $25 in June 2018.
In conclusion, the top Binance coins in 2018 showcased the diverse range of cryptocurrencies available in the market. From Bitcoin and Ethereum to Ripple and IOTA, these top-performing coins played a crucial role in shaping the cryptocurrency landscape in 2018. As the market continues to evolve, it remains to be seen which cryptocurrencies will emerge as the top Binance coins in the coming years.
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