Inventory of 8 Types of Cryptocurrencies!
#加密货币 There are many different classification methods!
Simply distinguished as coins and tokens, do you know these eight types?
1.#比特币
Bitcoin is the first and most famous cryptocurrency. Often referred to as the “OG” of the crypto world. Representing: Bitcoin
2.#山寨币
Altcoins are imitations or branches of Bitcoin, having different functions or characteristics. Representing: Ethereum, Litecoin, XRP, etc.
3.Stablecoins
Stablecoins are cryptocurrencies that are pegged to fiat currencies like the US dollar, designed to maintain stable value. Representing: USDT, USDC, etc.
4.Tokens
Tokens are digital assets created on top of existing blockchains. Representing: BAT, UNI, etc.
5.Meme Coins
Meme coins are cryptocurrencies created based on popular internet memes or jokes. Representing: Dogecoin, Shiba Inu, PEPE, etc.
6.Privacy Coins
Privacy coins are cryptocurrencies that maintain anonymity by obfuscating the flow of funds on the network. Representing: XMR, ZEC, etc.
7.DeFi Tokens
DeFi tokens, or decentralized finance tokens, are a recently emerged type of cryptocurrency. Representing: AAVE, COMP, etc.
8.NFTs
NFTs are non-fungible digital assets. Each NFT is unique and has collectible value and investment potential. Representing: CryptoPunks, etc.
