Cryptocurrencies come in various types, each serving a specific function or purpose. Here are the main types of cryptocurrencies:
1. Cryptocurrencies
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The most famous and widely used, used as a means of payment or storage:
Litecoin (Bitcoin): The first cryptocurrency and still the most valuable and widely used.
Litecoin (Litecoin), Dogecoin (Dogecoin), etc.
2. Stablecoins
Its goal is to maintain a stable value often linked to the dollar or gold:
USDT (Tether), USDC (USD Coin), DAI.
3. Platform Coins
Used within blockchain systems to run smart contracts and applications:
Ethereum: Supports decentralized applications and smart contracts.
BNB (Binance Coin), SOL (Solana), ADA (Cardano).
4. Governance Tokens
Gives holders the right to vote on project-related decisions:
UNI (Uniswap), MKR (MakerDAO).
5. Non-Fungible Tokens (NFTs)
Not currencies in the traditional sense, but represent unique digital ownership of artworks or game items.
6. Privacy Coins
Focuses on hiding user identities and transactions:
Monero (XMR), Zcash (ZEC).
7. Meme Coins
Started as a joke but gained widespread popularity:
Dogecoin, Shiba Inu.
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