MORE AND MORE 📈

Starting from 2013, the number of cryptocurrencies has only been increasing.

As shown in the table, over the past nearly 10 years, the number has increased by several thousand times.

As the number of cryptocurrencies grows, various cases of scams, cyberattacks involving asset theft, manipulations, etc., have also emerged. Without violating the presumption of innocence of anyone, it is not excluded that in the latest high-profile cases and in the near future upcoming cases, elements of "self-robbery" may appear.

Technologies are evolving at a tremendous pace, and over time it becomes increasingly difficult to combat such phenomena. No one is insured against such cases, but in order to somewhat reduce losses, it is recommended to conduct at least a minimal analysis before investing in any asset and answer the following questions:

- who are the founders?

- where can this asset be used?

- are there any unique qualities?

- on which CEXs is it listed?

- which companies do they collaborate with?

And this list is far from exhaustive.

In the end, a mass reduction in the number of cryptocurrencies is not far off.

Ultimately, only the STRONGEST will remain!!!