At the moment there are more than 8000 cryptocurrencies scattered across the internet, with some exciting project ideas. It was only 12 years ago where that value was 0. With this big boom in 2017 many new tokens popped up. Some tokens have some really outlandish use cases for their tokens, for instance, PotCoin. This project wants to allow its token to be used as a currency to buy legal marijuana products. There are coins made for current and past world leaders like Putin and Trump, both having zero use cases. If you thought things couldn’t get any worse, there’s even a token called the useless Ethereum token. There’s probably a few crypto memes out there about all these fun tokens and coins.
The market is currently saturated with tokens, and it will only grow as more companies start creating cryptocurrencies to power their platforms. Expect there to be more than 6000, in the coming years and then eventually one day more than 10,000 tokens. #BTC #MyTradingStyle #GENIUSActPass