Top Ten Cryptocurrencies as on 3 September 2017

Cryptocurrency market had a good September start. Bitcoin almost touched the remarkable $5000 mark. Ethereum and other altcoins prices also surged. So here were are with September’s 1st list of top ten cryptocurrencies.

Before price corrections, Bitcoin and other altcoins prices were on steroids. They were unstoppable. With increasing prices, the cryptocurrecny market capitalization was near to $170 Billion. It is expected that it will soon reach $200 Billion. At the time of publishing this article, the cryptocurrency market cap drop to $160 Billion with around 46% Bitcoin Dominance.

Litecoin shocked everyone when it almost touched $100. This massive surge in Litecoin’s prices are attributed to cryptocurrency Exchange, Bithumb.

Bithumb, Korea’s largest no-fee cryptocurrency exchange listed Litecoin which soon boosted the trading and hence the prices. Korean Won accounted for over 23% of the daily trading volume of Litecoin on August 28. Bithumb has played a big part in shooting up the average weekly volume of the last 7 days from $200,000 to a whopping $900,000 on August 27, 2017 helping Litecoin cross $3 billion in market cap for the first time.

OmiseGo (OMG), another shocker for the week whoose prices continuously rose. Rising prices caused the market capitalization of OmiseGo to cross $1 Billion for the first time. OMG became the first Ethereum based Cryptocurrency Unicorn after the rise in the market cap. Although, OMG as of now does not hold any posotion in the list of top ten cryptocurrencies, but it is at number Eleven position in the list of top cryptocurrencies according to market capitalization.

DASH, the silent crypto dark horse also crossed $400 mark and made an all-time high at $409. With rising prices, DASH fetched a huge 3500% return since January 2017 when it was priced around $9.

Major changes in the list of Top Ten Cryptocurrencies

KryptoMoney.com publishes a list of top ten cryptocurrencies on every Sunday. This is our Eighteenth weekly report and the previous one was published on 27 August 2017.

On comparing this report with previous report of top ten cryptocurrencies, following are some changes:

-) NEM, DASH and IOTA interchanges each other’s position where NEM gained from number Eight to Number Six, replacing DASH. Dash and IOTA slipped one posotion.

-) Ethereum Classic again gained number Ten spot in the list of top ten cryptocurrencies, thus kicking out NEO from the list.

List of Top Ten Cryptocurrencies as on 3 September 2017

S No. Name Market Capitalization* Price (in US$) Supply (in circulation) 1 Bitcoin $73,269,906,917 $4429.51 16,541,312 BTC 2 Ethereum $31,614,991,362 $334.88 94,405,798 ETH 3 Bitcoin Cash $9,366,244,819 $565.65 16,558,375 BCH 4 Ripple $8,458,804,895 $0.220604 38,343,841,883 XRP 5 Litecoin $3,933,367,404 $74.55 52,763,732 LTC 6 NEM $2,590,713,000 $0.287857 8,999,999,999 XEM 7 Dash $2,554,660,893 $339.22 7,530,919 DASH 8 IOTA $1,878,759,566 $0.675927 2,779,530,283 MIOTA 9 Monero $1,798,793,573 $119.68 15,029,775 XMR 10 Ethereum Classic $1,739,159,909 $18.28 95,158,779 ETC

Source = Coinmarketcap.com

*Market Capitalization is calculated by multiplying the price with the supply of coins in circuclation.

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