Cryptocurrency

Top 10 Cardano Ecosystem Coins To Invest In 2024

By Fotis Dixon

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Reviewed by: Fotis Dixon

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Cardano was founded in 2015 and it is one of the world’s largest cryptocurrencies based on market value and traffic.

Cardano is a decentralized network that is built for digital assets and decentralized applications (dApps).

Cardano is a network built with sustainability as its main vision and designed to address the challenges of high power consumption found in existing blockchains.

Cardano has an open protocol, where anyone can help secure the network, complete transactions, or create dApps stored in Cardano’s blockchain.

In this article, the leading Cardano tokens in the current market are listed.

Top 10 Cardano Ecosystems

Cardano ecosystem is said to be the first blockchain founded on peer-reviewed research and It was developed through evidence-based methods.

The leading Cardano tokens in the crypto market are:

1. Cardano (ADA)

Cardano (ADA) is the native token of Cardano which was named after the 19th century mathematician, Ada Lovelace.

Rather than being generated using smart contracts, Cardano native tokens operate on the same network as the ADA cryptocurrency.

ADA has a market capitalization of $16.68B. The trading volume of ADA in the last 24 hours is $240,010,688. The price chart of ADA always has a steady rise which makes it credible for a future investment.

Chainlink (LINK) is one of the first networks that support the integration of off-chain data into smart contracts which has attracted the attention of numerous traders.

As a decentralized network, Chainlink allows traders to become node operators of the coin and earn revenue by running the critical data infrastructure required for its success.

It is called one of the largest data processing networks. With over $10 B in market capitalization, it has $725,307,305 trading volume in the last 24 hours.

3. SingularityNET (AGIX)

SingularityNET (AGIX)is a blockchain-based ecosystem where users can develop and use AI technologies.

It presents an alternative to centralized control and enhances innovation through collaboration while disrupting the traditional AI market.

It has over $1.2 B in market capitalization and $82,289,564 trading volume in the last 24 hours.

4. API3 (API3)

API3 (API3) is a platform that enables decentralized versions of APIs to be built, managed, and potentially monetized at scale which bridges the gap between blockchain technology and APIs.

The trading volume of API3 is $13,085,586 in the last 24 hours and it has a $291,294,029 in market capitalization.

5. COTI (COTI)

COTI is a layer-on blockchain that promotes the development of innovative fintech products.

COTI utilizes a Proof of Trust consensus mechanism and a newly Directed Acyclic Graph (DAG) based data structure to enhance the growth of decentralized fintech solutions.

The market cap of COTI is $203,934,742 and the trading volume in the last 24 hours is $11,153,235.

Cardano Ecosystem

6. World Mobile Token (WMT)

World Mobile Token (WMT) is a blockchain-based cryptocurrency that aims to enhance the mobile network by providing affordable and secure internet connectivity in remote areas.

It does not need a centralized telecom provider and allows communities to own and operate their network platform.

The trading volume of WMT in the last 24 hours was $1,921,485. It has over $189 M in market capitalization.

7. Snek (SNEK)

SNEK is a deflationary meme-coin that has become a cultural movement and an icon in the web3 world, representing fun and innovation.

The coin brings excitement to its community, also allows easy accessibility to crypto space, and makes it engaging, and meaningful.

The market cap of SNEK is $79,880,555 and has a trading volume of $1,128,329 in the last 24 hours.

8. MELD (MELD)

The MELD ecosystem includes a multi-chain wallet, providing better banking services, and native lending and borrowing accessibility.

It has redesigned the blockchain structure resulting in near-zero fees, native yield, and liquid staking.

The trading volume of MELD in the last 24 hours is $752,006 and it has $56,833,580 in market capitalization.

9. Cornucopias (COPI)

The COPI token is used by users on the Cornucopias network to establish an economy in the game.

The COPI token can be used for governance in the network and the community will be provided voting rights for participation in in-game features.

The market cap of COPI is $46,238,472 and the trading volume in the last 24 hours is $284,734.

10. Iagon (IAG)

Iagon is an AI-driven storage and compute economy that bridges decentralization with compliance.

Iagon has an autonomous, innovative cloud service marketplace that provides privacy, security, and operational sovereignty for both enterprise & retail consumers.

The trading volume of IAG in the last 24 hours is $350,290 and has a market capitalization of $41,988,046.

Conclusion

Cardano’s traders believe its innovative and environmentally friendly ecosystem could make it one of the leading cryptocurrencies but some of the extensive research and resources by experts indicate that Cardano is a high-risk investment.

Before investing in any blockchain token, it’s advisable to acquire knowledge as a trader, experimenting with a small amount by transacting between wallets and staking on the network might help you gain experience.

Fotis Dixon

Fotis Dixon is a business expert from the UK. He's written lots of articles about the newest market research and trends, especially on cryptocurrencies. Fotis is good at breaking down different topics to give useful information, helping readers stay updated on emerging trends.

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