Bitcoin is known as the first coin over established in 2008 and has the highest market cap of $108,617,372,869,00
current price of $6,300.21.
On the coinmarketcap, they are coins with higher prices than bitcoin like,
1, Bit20 (BTWTY) with price of $177,216.60
market cap of $180,052.00
2, Project-x (NANOX) with price of $26,761.96
Market cap of $2,094.00
3, 42-Coin with price of $24,183.25
Market cap of $1,015,69.00
We have coins with some awesome project, so why is btc regarded as the king of coins and it's so unique than others?
Bitcoin came first
The cryptocurrency market is not all about the price but about the total volume traded each day in usd (the market capitalisation)
Bitcoin is more widely accepted than any other coin
Bitcoin is more stable and also so hard to mine... You can say its moderately scarce (so high in price)
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