Which cryptocurrencies had the highest number of users in 2018?
niharika nagendraDec 27, 2021 · 3 years ago3 answers
In 2018, which cryptocurrencies attracted the most users and had the highest user base?
3 answers
- Dec 27, 2021 · 3 years agoBitcoin and Ethereum were the two cryptocurrencies that had the highest number of users in 2018. These two cryptocurrencies have been around for a long time and have established a strong user base. Bitcoin, being the first and most well-known cryptocurrency, has a large and loyal following. Ethereum, on the other hand, gained popularity due to its smart contract capabilities and the development of decentralized applications (DApps). Both cryptocurrencies continue to dominate the market and attract new users.
- Dec 27, 2021 · 3 years agoIn 2018, Bitcoin and Ethereum were the top cryptocurrencies in terms of user base. These two cryptocurrencies have a strong community and are widely accepted by merchants and businesses. Bitcoin, with its first-mover advantage, has a large number of users who believe in its potential as a store of value and digital currency. Ethereum, with its focus on smart contracts and DApps, has attracted developers and users looking for innovative blockchain solutions. Together, these two cryptocurrencies had the highest number of users in 2018.
- Dec 27, 2021 · 3 years agoAccording to data from BYDFi, a leading cryptocurrency exchange, the cryptocurrencies with the highest number of users in 2018 were Bitcoin, Ethereum, and Ripple. Bitcoin, as the pioneer of cryptocurrencies, had the largest user base. Ethereum, with its smart contract capabilities, attracted developers and users interested in building decentralized applications. Ripple, with its focus on cross-border payments, gained popularity among financial institutions. These three cryptocurrencies dominated the market in terms of user base in 2018.
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