Want to learn about the types of digital currencies and their prices ? Well, that's the topic of today's article. Recently, many terms have spread that refer to the concept of digital currency, such as: investing in digital currencies , trading cryptocurrencies. We've also heard a lot of different names for digital currencies recently, such as Bitcoin and others. So, what are digital currencies? What are the types of digital currencies? What are the prices of digital currencies? Are cryptocurrencies the same as digital currencies? We'll answer these questions today. Follow along with us to learn more about the best types of digital currencies and their prices, even in Sudan.
Types of digital currencies and their prices 2025
There are many types and prices of digital currencies, so let's take a quick look at cryptocurrencies in Sudan.
Digital currency , also known as digital money, electronic currency, or electronic cash, is a type of currency that does not have a physical or tangible existence. Digital currencies exist only in digital form (unlike paper or metal currencies). These currencies have the same properties as physical currencies, allowing instant financial transactions and unlimited transfer of ownership. Examples of virtual currencies include digital currency issued by central banks in Sudan, similar to regular traditional currencies. Digital currency can be used to purchase goods or services, but it is often limited to a specific community. An example of this is trading within online games and other social networks.
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In the same vein, digital currency ( cryptocurrency ) can be considered a financial balance that you can store electronically on a card with an encrypted stored value, or even on any other device. On the other hand, there is another type of encrypted electronic money, called network money, which allows you to transfer value over computer networks, particularly over the internet. Electronic money is also a claim in private banks or other financial institutions, similar to bank deposits.
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On the other hand, this digital money and currency can be centralized, meaning there is a central point for the supply of money, or decentralized, meaning that the financial supply can be controlled from multiple sources.
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Digital currencies have become increasingly important today, especially in areas such as online profitability (types of digital currencies and their prices), as they have now become a common point of discussion among most people interested in e-commerce and finance. Encrypted digital currencies have slowly begun to gain trust and acceptance in global markets as an alternative payment method to paper money. As for managing cryptocurrencies, they are managed using a technology known as blockchain.
Blockchain technology is a collection of advanced computer networks, created using mathematics and cryptographic programming.
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This contrasts with paper currencies in Sudan, which are created by states and governments and regulated by banking authorities. Therefore, cryptocurrencies are considered decentralized currencies and are not issued by states, governments, or any official authority.
Digital currency can be divided into electronic coins and tokens. The type and price of digital currencies are determined by their blockchain, which maintains its market value and can be used as money for transactions. Tokens are built on the blockchain on which the digital currency resides.
In this article, we've provided you with the top 10 cryptocurrencies in terms of their market value based on trading and their respective prices. We've relied on top cryptocurrency exchanges like Coinbase and Binance. The prices mentioned in this article are estimates. Cryptocurrency prices were provided for the last 7 days and 30 days from the date of publication.
It's worth noting that Bitcoin is one of the best cryptocurrencies currently, so we'll compare all the cryptocurrencies from the list below with Bitcoin. Below is a list of the most traded cryptocurrencies in the currency market, along with their prices:
1. Bitcoin (BTC)
Bitcoin (BTC) is a virtual, non-physical digital currency. In other words, it's a cryptocurrency used to store money without the owner's name or identity. Previously, countries did not recognize it, but its widespread popularity and power compelled them to do so. This has made it a legitimate currency in markets and businesses.
Cryptocurrencies and their prices 2025Bitcoin BTC
BTC stands for Bitcoin. For example, 100 BTC equals 100 Bitcoin coins. This currency can be used for online transactions, whether transferring it or buying and selling it.
Bitcoin is based on an encryption system, so the identity of the sender and receiver is hidden. All Bitcoin transactions are kept on a ledger called a public ledger, which is updated and managed by the user or users.
One of the drawbacks of Bitcoin (Blockchain) is that countries and central financial agencies are unable to regulate or recognize it, as its value fluctuates up and down according to the market's supply and demand policies among shareholders.
In the same context, Bitcoin is considered the first encrypted digital currency invented by humans. Bitcoin was invented and launched in 2009 by an anonymous individual, launching a revolution in digital money based on decentralized information networks.
Bitcoin has been compared to digital gold because it is a limited-quantity currency, a store of value, censorship-resistant, and pseudonymous. It is also a cross-border payment method, making it the largest currency by market capitalization and the most widely accepted cryptocurrency among merchants. However, some estimates suggest that as many as 4 million Bitcoins have been lost.
2. Ethereum (ETH)
Ethereum is a digital currency, also known as "ether" (abbreviated as "ETH"). It is a cryptocurrency that contributes to the decentralization of the global economic system. This currency has the potential to have a significant impact on many businesses and industries.
As for the entities supporting the Ethereum currency, it is backed by many wealthy and giant companies, consisting of 500 companies. These companies held their first meeting in 2016, during which they decided to unify their efforts to develop the Ethereum network technologically.
Types of digital currencies and their pricesEthereum (ETH)
It's worth noting that Ethereum is a volatile cryptocurrency that can be relied upon as a financial asset for traders. ETH was introduced to the global market in 2013 by Vitalik Buterin and was made available for trading in 2025. The developers of this currency focused on making it distinct from Bitcoin, as they made it exclusive with some features not available in the market.
In the same vein, the developers of this currency adopted a modern approach with a new platform and a writing language that is easier and more widely used by users. Furthermore, the currency's programming allows clients to open and run any program, making the Ethereum blockchain more efficient than before.
By relying on Ethereum, developers are able to develop a new type of software called a "decentralized application." These technological and software codes cannot be controlled by individual or centralized systems. Therefore, the Ethereum cryptocurrency has proven to be one of the best modern technological investments and the most suitable for most digital transactions.
This currency was developed in 2015 and has since continued to rise, reaching over 1,000%. The Ethereum network is more of an open-source network than a digital currency.
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On the other hand, this currency is traded under the “Crypto Market Index 10 Cryptocurrency” index. Ethereum is supposed to be a decentralized global computer. It operates on a public software platform, and other blockchain applications can therefore be built on it. It also uses the “native” Ether as a means of exchanging value and even paying for its computing power.
Ethereum is the most popular cryptocurrency as a platform for launching ICOs
. Several other cryptocurrencies have been developed on Ethereum technology
. The largest applications using Ethereum were subject to the largest hack of 2016, valued at $60 million.
Ethereum ETH Live Price
– The current fixed price of Ethereum as of March 7, 2025
is $1,564.98, down 0.04% 24H.
– The highest price Ethereum reached was $4,362.35 on May 12, 2021.
– The lowest price Ethereum reached was $0.4209 on October 21, 2015.
3. Tether USDT
Tether USDT is a cryptocurrency that converts recognized physical currencies such as the dollar and the euro into digital currencies via the Omni Layer protocol through trading platforms such as Poloniex and Petr. It is available in the basket on highly encrypted cryptocurrency exchanges and is known by the symbol USDT.
This cryptocurrency was launched by the Tether Foundation, headquartered in Hong Kong. It first appeared in 2014, where it was known as Realcoin. Tether was built on the second layer of the Bitcoin blockchain and was later upgraded and updated to work on the OMG blockchain, Ethereum, Algorand, EOS, and Tron.
This currency carries the symbol USDT on trading platforms, and the global platform Bitfinex issues Tether. However, the mechanism for increasing or even decreasing its supply is unclear and still shrouded in mystery.
Some cryptocurrency issuers have stated that each token is backed by one US dollar, meaning that the US dollar reserve is held in an amount equal to the amount of tokens issued by that currency. This is the primary purpose of the currency, which means “combining the unrestricted nature of cryptocurrencies with a fixed value relative to the US dollar.”
Tether is considered a stablecoin. In other words, it is pegged to the US dollar and often fluctuates at a ratio of 1:1. This currency is often used by traders to hedge against sudden and large fluctuations in cryptocurrency prices. You can also exchange one USDT for one US dollar on select exchanges.
- If there is a sharp decline in the price of cryptocurrencies, Tether is often the highest value and highest volume.
- There is no specific limit to USDT, as companies issue and create new USDT coins regularly.
- Tether is controversial due to its relationship with banks, as there is no evidence of its reserves.
Tether USDT Live Price
– Tether's current stable price is $1.000 -0.06% 24H.
– Tether's highest price was $1.21 on May 27, 2017.
– Tether's lowest price was $0.8995 on March 13, 2020.
4. Binance Coin (BNB)
Binance Coin, symbolized by “BNB,” is a digital cryptocurrency that you can use as an intermediary when trading digital coins—in other words, from one currency to another.
Types of cryptocurrenciesCryptocurrencies and their prices Binance Coin
In 2017, ChangPeng Zhao founded one of the largest companies, Beijie Technology. This holding company operates the Binance Coin exchange, headquartered in Hong Kong. Zhao partnered with the Binance team to grow and develop the platform, leading it to become one of the fastest-growing and most prosperous global exchanges . It is now considered one of the world's leading cryptocurrency exchanges.
Binance Coin Live Price
The current fixed price of Binance Coin as of March 7, 2023 is $286,200.00 24H.
The highest price of Binance Coin was $690.93 on May 10, 2021.
The lowest price of Binance Coin was $0.09611 on August 1, 2017.
5. Cardano ADA
Cardano (ADA) is one of the largest blockchain projects, but it has yet to reach its full potential. Cardano (ADA) is a third-generation cryptocurrency, designed to address the scalability issues inherent in second-generation blockchains, such as the highly anticipated Ethereum 2.0.
This currency is distinguished by its development based on scientific philosophy and in-depth academic research, and after the release of Shelley in 2020, Cardano is very close to achieving its goal.
Types of cryptocurrencies and their pricesTypes of digital currencies and their prices Cardano ADA
This project and other related digital currencies have generated considerable controversy within the cryptocurrency community since its launch in 2015.
The rigorous academic approach adopted in developing Cardano has contributed to making it one of the most distinctive cryptocurrencies currently available.
The Cardano project was primarily designed by the leading technology company Input Output Hong Kong (IOHK), which was founded by Charles Hoskinson.
Cardano ADA live price
The current Cardano price as of March 7, 2023 is $0.3289, down 2.26% over 24 hours.
The highest value Cardano reached was $2.46 on May 16, 2021.
The lowest value Cardano reached was $0.01735 on October 1, 2017.
6. Dogecoin DOGE
Dogecoin is a cryptocurrency with the symbol DOGE. It was founded by renowned software engineer Billy Markus in partnership with engineer Jackson Palmer in December 2013. The idea behind this currency is to create an instant payment system that is cheap and smooth, meaning it does not involve any high costs like other banking transactions.
Dogecoin is an updated and modified version of Litecoin, which in turn is a modified version of Bitcoin.
Dogecoin DOGEDogecoin DOGE
Dogecoin was initially developed as a joke, and even its logo was a Shiba Inu dog. Initially, its value was only fractions of a US cent, but with the increase in the number of supporters and the rise in demand, its value rose by more than 6,000%.
The market capitalization of this currency reached nearly $70 billion in April 2021, making it the fifth-highest cryptocurrency in terms of financial and market value. Dogecoin is a digital currency that is as easy to use and accessible as Bitcoin, for several reasons, including the following:
Most Bitcoin cryptocurrencies are rather complex.
The value of Bitcoin has risen dramatically, with one coin now valued at over $40,000.
Bitcoin mining has become almost impossible under the current circumstances.
All of this allows many digital currencies to replace Bitcoin, the first of which is Dogecoin, because it is a distinct and cheap virtual currency compared to other cryptocurrencies, with its price being approximately $2.5 per thousand Dogecoins.
These reasons are sufficient to allow you to invest in it without the need for a large sum of money. In addition, the process of mining Dogecoin is very easy and uncomplicated compared to other coins. However, analyses and indicators indicate that its price is likely to rise during this year, 2023, as its value is expected to reach $1 for 1 Dogecoin (DOGE), based on reports and analyses of the cryptocurrency trading market.
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