TRUMP(特朗普币)芝麻开门交易所

What are the mainstream currencies 2020 Mainstream Currency Ran

Date:2024-04-29 19:06:21 Channel:Wallet Read:
In today's globalized economic system, mainstream currencies play a vital role. Their performance not only reflects the economic strength and stability of each country, but also directly affects the development of international trade and financial markets. The ranking of mainstream currencies in 2020 has become the focus of investors, economists and ordinary people. This article will delve into the performance of major mainstream currencies and reveal their status and influence in the global economy.
USD: Global financial hegemon
The U.S. dollar has always been hailed as the "hard currency" of the global economy, and its performance in 2020 remains strong. As one of the world's most important reserve currencies, fluctuations in the U.S. dollar not only affect the U.S. domestic economy, but also have a profound impact on global markets. Especially in the context of the global epidemic, the status of the US dollar as a safe-haven asset has become more prominent, and investors have flocked to the US dollar, causing its exchange rate to soar. However, the U.S. government's monetary policy and international trade policy have also brought certain challenges to the U.S. dollar, and its long-term dominance may be more questioned in the future.
Euro: solid performance but challenges
As the official currency of the European Monetary Union, the euro has always been one of the world's major currencies. In 2020, the euro showed relatively solid performance in the face of various challenges. Despite some economic imbalances and political divisions within the eurozone, the euro remains widely recognized as its symbol. However, the problems of Brexit and European economic integration still plague the euro, and the future direction of development remains full of uncertainty.
RMB: A Rising Power
In recent years, the RMB has emerged on the international stage, and its internationalization process has continued to accelerate. In 2020, the share of RMB in international payments and settlements continued to increase, and China's financial market gradually opened up to the outside world. Especially during the global epidemic, the Chinese government successfully stabilized the RMB exchange rate through a series of policy measures, demonstrating its potential as a major currency in emerging economies. The rise of the RMB not only reflects the increase in China's economic strength, but also brings new possibilities for change in the global monetary system.
Japanese Yen: Challenges in Stability
As one of the Four Asian Tigers, the Japanese yen has always been one of the important international safe-haven currencies. In 2020, Japan faces challenges such as economic recession and aging population, which also directly affects the performance of the yen. Despite a series of stimulus measures taken by the Japanese government, the yen still faces exchange rate fluctuations and economic uncertainty. However, as one of the most developed countries in the world, Japan's currency's status in the international market remains unshakable.
Pound: Struggles in the Shadow of Brexit
As the official currency of the United Kingdom, the pound faces unprecedented challenges in 2020. Brexit has had a huge impact on the pound exchange rate, causing frequent and sharp fluctuations. While the UK government works to stabilize the economy, the outlook for the pound remains uncertain. As the UK is a global financial center, the performance of the pound is not only related to the domestic economy, but also affects the nerves of the global financial market.
Summarize
In 2020, mainstream currencies play a pivotal role in the global economy, and their performance is directly related to the economic development and financial stability of various countries. As the U.S. dollar is the global financial hegemon, the euro faces internal and external challenges, the rise of the renminbi shows new strength, the yen has stability challenges, and the pound sterling is struggling in the shadow of Brexit. The performance of different currencies reflects the economic strength, policy trends and market confidence of each country. In the future, competition and cooperation among mainstream currencies will continue to affect the global economic landscape. We also look forward to countries working together to jointly respond to challenges and promote the stability and prosperity of the world economy.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

There are currently between five and six thousand virtual currencies on the market. There are mainstream currencies and non-mainstream currencies. When talking about mainstream currencies, I believe everyone first thinks of Bitcoin. However, the investment threshold for Bitcoin is currently more than 60,000 yuan. Many people can only wait and see. Generally speaking, the top digital currencies by market value are mainstream currencies recognized by the currency circle. Of course, the definition of mainstream currency is not static. It will change with the change of the market value of digital currencies. The following is The editor of the currency circle has listed the mainstream currency rankings in 2020 based on the market value of virtual currencies, hoping to answer the questions of all currency friends!

 2020 Mainstream Coin Ranking

1. Bitcoin-BTC

Bitcoin was invented by Satoshi Nakamoto on January 3, 2009. The maximum supply is: 21 million. It is expected that by 2140, there will be no more new Bitcoins. The market value of Bitcoin is US$172.784 billion, which currently accounts for 60.12% of the cryptocurrency market. At the time of writing by the editor of the currency circle, the price of Bitcoin was US$9,468.89.

Bitcoin is the originator of digital currency and the most valuable virtual currency. It is known as the "King of Coins". The skyrocketing price of Bitcoin itself in 2017 attracted a large number of investors to enter the digital currency market. Since the number is only 21 million, it has strong deflationary properties.

To quote Krugman: At least for now, buying Bitcoin is still a good investment. But this does not mean that the experiment was successful. Our original intention in establishing a monetary system is not to make those who hold the currency rich, but to facilitate transactions and benefit the entire economy. And none of these Bitcoins have been able to bring us.

2. Ethereum-ETH

Ethereum is currently the second-largest cryptocurrency by market capitalization, after Bitcoin. The circulating supply is 109.5 million US dollars and the market value is US$26.088 billion, currently accounting for 9.08% of the total global market value. At the time of writing by the editor of the currency circle, the price of Ethereum was US$238.16.

Ether is the name of the currency used in Ethereum to pay for computation within the Ethereum Virtual Machine. Ethereum is a blockchain that can be used to deploy decentralized applications. It is an open source computer platform and blockchain platform. In late 2013, Russian programmer Vitalik
Created by Buterin.

The value of Ethereum depends on whether applications on the Ethereum platform prosper, and Ethereum may "take over" the momentum of Bitcoin's continued rise.

3. USDT-Tether

The market value of USDT is 9.201 billion, with a 24-hour decrease of 0.05%. The 24-hour transaction volume is 216.2 million U.S. dollars, and the circulating quantity is 9.188 billion. It is listed on 187 exchanges. The core algorithm is script.

USDT is a token Tether launched by Tether based on the stable value currency U.S. dollar (USD).
USD (hereinafter referred to as USDT), 1USDT=1 US dollar, users can use USDT and USD for 1:1 exchange at any time. Tether strictly adheres to the 1:1 reserve guarantee, that is, every time 1 is issued
USDT tokens, their bank accounts will have 1 USD of funds guaranteed.

usdt Tether is the earliest stablecoin anchored to the US dollar. It is also the stablecoin with the largest market share in the currency circle. It is also among the top ten stablecoins in terms of market value all year round.

4. Ripple-XRP

The market value of XRP is 8.163 billion, with a 24-hour decrease of 0.24%. The 24-hour transaction volume is 1.102 billion US dollars, and the number of circulating coins is 43.3 billion. It is listed on 238 exchanges. The core algorithm is
OpenCoin’s original algorithm adopts the RPCA consensus mechanism;

A protocol currency issued by Ripple Company, the base currency of the Ripple network. It can be circulated throughout the Ripple network. The total number is 100 billion, and gradually decreases with the increase of transactions. Ripple currency is the only currency in the Ripple system. A universal currency, which is different from other currencies in the ripple system, the operating company of ripple is ripple
Labs (formerly OpenCoin).

5. Bitcoin Cash-BCH

Bitcoin Cash is a hard fork of Bitcoin on August 1, 2017, with a market value of US$4.331 billion, accounting for 1.51% of the total global market value, and a maximum supply of 18.27 million. At the time of writing by the editor of the currency circle, the price of Bitcoin Cash is $237.03.

Bitcoin Cash is a fork of Bitcoin. In order to solve the problem of long Bitcoin transaction time, at 20:20 on August 1, 2017, a small number of mining machines started mining using 8M blocks, and the transaction confirmation speed was the number of Bitcoins using 1M blocks. Thousand times.

Bitcoin Cash (BCH) is an encrypted digital currency representing large blocks that was only born in August 2017. Bitcoin Cash (BCH) focuses more on on-chain transactions. So Bitcoin Cash (BCH) vs. Bitcoin
Compared with core, it has the advantages of low handling fees, no congestion, and irreversible transactions.

Through the introduction of the currency circle editor, I believe everyone should have a simple understanding of what the mainstream coins are. After the myth of Bitcoin's rapid appreciation, more and more investors have developed a strong interest in virtual currencies. By 2020, virtual currencies have been going for 12 years. During this period, some have gone from being worthless to tens of millions of times their current market value, and some have started with a high profile and then exited sadly. Not all virtual currencies are suitable for investment. Finally, the editor of the currency circle would like to remind investors that investment is risky and they need to be cautious when entering the industry.

I'll answer.

2512

Ask

965K+

reading

0

Answer

3H+

Upvote

2H+

Downvote