We know cryptocurrency is a digital asset in internet world. It used as virtual coins. A large amount of people transaction through Cryptocurrency. Its a digital medium of online exchange platform. There are more than 5000 cryptocurrency in internet world. Most famous and know Cryptocurrency is Bitcoin.
Bitcoin: Bitcoin is the most expensive and first position in Cryptocurrency. It invent in 2009. It was invented and implemented by the presumed pseudonymous Satoshi Nakamoto. At present each bitcoin rate is 10,723$ (changeable). Bitcoin is the most famous Cryptocurrency than others. On 15 December 2017 it's price reached more than 15000$. Which was collapse to 6800$ on 6 April 2018. It was one of the biggest shocking history of bitcoin.
Ethereum: Ethereum is now second position Cryptocurrency in internet world. It launch was so late than bitcoin. Ethereum launch in 2015. It provides a decentralize replicated virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. At present Each Ethereum price is 353$ (changeable). On 12 January, 2018 Ethereum price reached to more than 1300$ which collapse to 83$ on 15 December, 2018.
Tether: Tether is negetively known in Cryptocurrency world. It's developers failed to reach to success like others cryptocurrency and it also failed for the company's apparent lack of a long-term banking relationship. It also famous for its stability always in 1$. Tether never reached more than 1.32$.
Ripple: Ripple is another Cryptocurrency in internet world, which is a rea time gross settlement system, currency exchange and remittance network. It also support tokens. Ripple also known as XRP. For its creation and development of the Ripple protocol (RTXP) and the Ripple exchange network Ripple Labs was named as one of 2014's 50 Smartest Companies in the February 2014. A positive news about ripple is, 2 macroeconomic researchers studied that this Cryptocurrency contribute in running email server for it's comparable power. On 28 January,2018 each ripple price reached 1.42$, which collapse to 0.28$ on 6 September 2018.
Bitcoin Cash: Bitcoin cash is a piece of bitcoin. It creates in 2017. Bitcoin and bitcoin cash are belongs to same company and developers. On 22 December, 2017 Bitcoin cash reached 3160$ which collapse to 639$ on 6 April 2018.
I share with you 5 cryptocurrency information and it's shocking history I'll write more about it thank you so much..
Written by: @TheSiam01
The collapse is occurring due to economic recession.. when it's all over, experts predict that cryptocurrencies have great future.