Kattana is a leading trading platform for cryptocurrencies. It has thousands of cryptos to trade. Which is the most popular crypto? What is the most viewed crypto?
Crypto Types
Any token created on the blockchain could be considered a cryptocurrency. But there are many different types. Some are used purely for trading, like the well known cryptocurrency, Bitcoin. If most people had to name a popular cryptocurrency, they would say Bitcoin. Some have other projects built on them that they support, like Ethereum and its ERC-20 standard. Some are governance tokens helping a DAO make its decisions. Others are purely utility tokens, being used to pay protocol fees, for example. There are also multiple blockchain networks with their own coin ecosystems. Of course, many cryptos have multiple purposes and can fall into several of the above categories.
List of the Most Popular Coins
The most famous cryptocurrency is Bitcoin and Ethereum is the most used cryptocurrency in DeFi. With the translation (gas) fees getting high, other, less-decentralized blockchain networks started popping up and issuing their own coins: BNB, TRX, ADA, etc. Because the price of most crypto coins is too volatile to be used for day-to-day pricing of real-world goods, a number of stablecoins have emerged that track a fiat currency. The most popular ones so far track the USD and include USDC, USDT, BUSD, and DAI.
List of the Most Popular DeFi Protocols
Since DeFi stands for decentralized finance, it makes sense that the most popular protocols are the ones dealing with the most fundamental financial products. Nothing is more fundamental than trading, so it is no surprise that popular cryptocurrencies include the tokens of the major swaps like UNI of Uniswap, but also SUSHI, CAKE, CRV, QUICK, and many more.
Decentralized exchange and platform tokens are among the most popular altcoins. Not just the KTN token, of course, but also DYDX, ZRX, and many others. Lenders like AAVE and COMP are important protocols in the DeFi ecosystem. Sometimes, the most watched cryptocurrency is the one trending in the news.
List of the Most Popular Tokens by Market Capitalization
Looking at just the price of a popular cryptocurrency is misleading since different tokens have different circulating and total supplies, just like stocks do. To get a better idea of how popular a token is, you should look at its market capitalization, which is essentially the number of tokens in the circulating supply multiplied by the current price of each token.
The most viewed cryptocurrency chart sites like CoinGecko can show you a real-time list of the most popular coins. Currently, Bitcoin is at the top of that market cap list, followed by the popular crypto Ethereum, in the good company of the stablecoins USDT and USDC, Binance’s BNB and BUSD, corporate crypto XRP, memecoins DOGE and ADA (memecoins are highly speculative but include the most watched crypto), and one of the first layer 2 (L2) chain tokens, Polygon in the #10 position. The actual positioning changes all the time based on trading activity. Most popular cryptocurrencies will stay towards the top of the ranking, at least in the top 100. But some popular coins may be lower on the rankings because of a large token supply, which may be necessary for utility purposes.
Kattana – The Best Place to Trade
Because different coins trade on different centralized and decentralized exchanges, it’s easier to trade them on a platform that covers multiple CEX and DEX sources to find liquidity for your desired token pair. Kattana is exactly that kind of a trading platform. It’s fast, decentralized, and with a UX anyone can use.
Start Trading On Kattana
It’s easy to start trading on Kattana — you don’t even need to create an account or give up any KYC information or have some special certificate verifying your deposit. Just open the app, connect your crypto wallet, and start trading. Your privacy and the ability to withdraw at any time are protected automatically on such a decentralized trading platform.
