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Jio Coin: Who Are The Top Competitors Of Reliance’s Cryptocurrency In The Same Price Range? Details Inside

Jio Coin is reportedly to be the Reliance Industries’ newest plan, bringing blockchain technology to India, said a report by “CoinDCX”.

Jio Platforms, led by billionaire Mukesh Ambani, has partnered with internet technology company Polygon Labs. Soon after the announcement made public, social media users are interestingly talking about the Jio Coin and sharing its screenshots online. Notably, Reliance’s tech subsidiary, Jio Platforms, has partnered with Polygon Labs to bring much talked Web3 and blockchain technology to India.

Jio Coin is reportedly to be the Reliance Industries’ newest plan, bringing blockchain technology to India, said a report by “CoinDCX”. It is worth noting that this virtual coin is anticipated to be the India’s largest conglomerate’s entry into the world of cryptocurrencies. According to “CoinDCX”, JioCoin’s launch could lead to more people in India using cryptocurrencies.

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Notably, the Reliance has still not disclosed the official valuation of this virtual coin. However, there are media reports estimates that suggest it could be valued around Rs 43 ($0.50) per token.

Jio Coin: Top Competitors In Same Price Range

Cryptocurrency NamePriceMarket Cap
Jio Coin$0.50 (Tentative)Not Known
Tether$1$139.58 billion
Dogecoin$0.358$52.97 billion
USD Coin$1$52.09 billion
Cardano$1$35.18 billion
TRON$0.2587$22.29 billion
Stellar$0.4356$13.29 billion
Hedera$0.3297$12.61 billion
Shiba Inu$0.00002027$11.93 billion
Pepe$0.00001555$6.54 billion
Dai$1.01$5.39 billion
Ondo$1.40$4.42 billion
Mantle$1.23$4.12 billion
VeChain$0.04849$3.93 billion
Cronos$0.1406$3.85 billion
Polygon Ecosystem Token$0.4384$3.71 billion
Algorand$0.4093$3.44 billion
Kaspa$0.1317$3.37 billion
Arbitrum$0.7269$3.16 billion
Artificial Superintelligence Alliance$1.24$3.01 billion
Ethena$0.8965$2.72 billion

Source: crypto.com

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ALSO READ: Jio Coin: How Reliance Initiative Competes With The Top Cryptocurrencies In The World?

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Written By

Akshat Mittal


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