The top 10 cryptocurrencies in $ in the year 2020.
Name of coin Value $
Bitcoin 18,068
Ethereum 478.09
Litecoin 72.84
Ripple 0.29
Chainlink 13.47
Eos 2.61
Yearn.Finance 22,814
Ethereum classic 6.14
Bitcoincash 247.11
Tron 0.025
In this
top 10 list clearly there is a big gap between Bitcoin and the other altcoins. What causes this and will other altcoin ever catch up with Bitcoin?
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Trust is the reason why more people prefer to invest on bitcoin which is the reason the prices are keep increasing, total supply also plays role with the price per unit factor but investors are still far behind for all other cryptocurrencies compared to bitcoin.