Web3 is an emerging trend in the crypto industry. It combines blockchain technology with smart contracts to give users control over their data and make transactions. A cryptocurrency related to Web3 offers several services, such as storage, hosting, bandwidth services and more, that were previously provided by cloud providers. Let’s take a look at the 10 biggest Web3 cryptocurrencies
10 Biggest Web3 Cryptocurrencies
We have used the market capitalization of Web3 cryptocurrencies as of March 28, 2023 (from coinmarketcap.com) to rank the 10 biggest Web3 cryptocurrencies. Here are the 10 biggest Web3 cryptocurrencies:
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Loopring (LRC)
Loopring is an open protocol that helps to develop decentralized crypto exchanges. LRC is up by almost 78% year to date, but has been in the red for the last 30 days, with a decline of almost 8%.
As of this writing, LRC is trading at $0.3368, giving the cryptocurrency a market capitalization of more than $451 million. LRC has an all-time high of $3.8272 (Nov 2021) and an all-time low of $0.01986 (Dec 2019).
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BitTorrent (BTT)
Released in 2019, BitTorrent is a popular peer-to-peer (P2P) file sharing and torrent platform. BTT is down by over 3% year to date, and has remained in the red for the last 30 days, down almost 15%.
As of this writing, BTT is trading at $0.0000006045, giving it a market capitalization of more than $575 million. BTT has an all-time high of $0.000003054 (Jan 2022) and an all-time low of $0.0000005912 (Mar 2023).
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Conflux (CFX)
Founded in 2018, Conflux aims to power dApps (decentralized applications), e-commerce, and Web 3.0 infrastructure. CFX is up by over 1323% year to date, with a 30-day gain of over 48%.
As of this writing, CFX is trading at $0.3166, giving it a market capitalization of more than $858 million. CFX has an all-time high of $1.7038 (Mar 2021) and an all-time low of $0.02191 (Jan 2023).
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Theta Network (THETA)
Founded in 2018, it is a decentralized network that allows users to share bandwidth and computing resources on a peer-to-peer (P2P) basis. THETA is up by over 32% year to date, but has remained in the red for the last 30 days, down almost 19%.
As of this writing, THETA is trading at $0.9716, giving it a market capitalization of more than $975 million. THETA has an all-time high of $15.90 (Apr 2021) and an all-time low of $0.03977 (Mar 2020).
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The Graph (GRT)
The Graph is an indexing protocol that helps in querying data for networks like Ethereum and IPFS. GRT is up by almost 132% year to date, but has been in the red for the last 30 days, down almost 16%.
As of this writing, GRT is trading at $0.1314, giving it a market capitalization of more than $1.17 billion. GRT has an all-time high of $2.8751 (Feb 2021).
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Stacks (STX)
Started in 2017, Stacks allows smart contracts and decentralized applications to use Bitcoin as an asset. STX is up by over 310% year to date, with a 30-day gain of over 17%.
As of this writing, STX is trading at $0.8734, giving it a market capitalization of more than $1.2 billion. STX has an all-time high of $3.6104 (Nov 2021) and an all-time low of $0.04501 (Mar 2020).
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Internet Computer (ICP)
Internet Computer assists in developing online systems or services without the need for traditional IT, such as cloud computing services. ICP is up by over 18% year to date, but with a 30-day decline of almost 22%.
As of this writing, ICP is trading at $4.78, giving it a market capitalization of more than $1.42 billion. ICP has an all-time high of $750.73 (May 2021).
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Filecoin (FIL)
Filecoin aims to store data in a decentralized manner. FIL is up by over 72% year to date, but has been in the red for the last 30 days, down over 19%.
As of this writing, FIL is trading at $5.43, giving it a market capitalization of more than $2.2 billion. FIL has an all-time high of $237.24 (Apr 2021) and an all-time low of $1.8292 (Aug 2019).
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Chainlink (LINK)
Founded in 2017, Chainlink is a blockchain abstraction layer that allows universally connected smart contracts. LINK is up by over 21% year to date, but has been in the red for the last 30 days, down almost 8%.
As of this writing, LINK is trading at $6.87, giving it a market capitalization of more than $3.5 billion. LINK has an all-time high of $52.88 (May 2021) and an all-time low of $0.1263 (Sep 2017).
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Polkadot (DOT)
Polkadot is an open-source sharded multichain protocol that allows blockchains to be interoperable with each other. DOT is up by over 34% year to date, but has been in the red for the last 30 days, down over 9%.
As of this writing, DOT is trading at $5.88, giving it a market capitalization of more than $6.8 billion. DOT has an all-time high of $55.00 (Nov 2021) and an all-time low of $2.6929 (Aug 2020).
