Top 5 Cryptocurrencies In January 2022
1. Bitcoin (BTC)
Bitcoin is a form of digital currency that is created and held electronically on a computer. Bitcoins are not physical money like dollars nor are they recognized as an exchangeable currency by central banks or monetary authorities.
5. Cardano (ADA)
Somewhat later to the crypto scene, Cardano is notable for its early embrace of proof-of-stake validation. This method expedites transaction time and decreases energy usage and environmental impact by removing the competitive, problem-solving aspect of transaction verification present in platforms like Bitcoin. Cardano also works like Ethereum to enable smart contracts and decentralized applications, which are powered by ADA, its native coin.