Cryptocurrencies have become an appealing opportunity for investors with medium to high risk tolerance. They are largely speculative, but emerging markets and new use cases are helping to realize their full utility. The crypto market is no stranger to intense volatility, making it a risky investment that can work for or against your portfolio. However, you can minimize risk by sticking to the top cryptocurrencies that have earned their place. There are over 9,800 cryptocurrencies, and a good starting point is those with the highest market caps. In fact, research from Statista shows that the top 20 cryptocurrencies make up approximately 90 percent of the sector’s total market cap. The list below offers a look at the top 10 cryptocurrencies by market cap as of May 6, 2024, using data from CoinMarketCap.com. You’ll learn why they’re appealing, the important people associated with them and when they were created. For reference,…
