Top 5 Ethereum Competitors and Alternatives in 2024

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1. Bitcoin (BTC)

Market Cap as of April 14: $1.32 trillion

Bitcoin (BTC) remains the top cryptocurrency in terms of influence and market capitalization and is one of the top competitors and alternatives to Ethereum in 2024. Bitcoin (BTC) allows peer-to-peer transactions without requiring any fees or intermediaries and is the most widely accepted cryptocurrency in the world. Although Bitcoin (BTC) can be mined its supply is capped at 21 million in total making it a scarce resource. Bitcoin (BTC) continues to dominate the crypto space and acts as an indicator for the entire crypto market.

You can also take a look at 15 Best Cryptocurrency Trading Platforms in 2023 and 20 Countries that Use Crypto and Bitcoin the Most.

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