How many types of blockchain coins are there currently?
As of March 2, 2023, CoinMarketCap has recorded more than 13,000 blockchain coins, classified according to usage, ledger type, mining type and protocol. The coins with the largest market capitalization are Bitcoin, Ethereum, Binance Coin, Ripple and Tether. As technology advances, emerging currencies continue to emerge, such as Polygon, Solana, Cardano, Cosmos, and Avalanche.
Types of Blockchain Coins
According to data from CoinMarketCap, as of March 2, 2023, there are currently more than 13,000 blockchain coins.
Currency Classification
Blockchain coins can be classified according to the following criteria:
- Usage: Can be used for payment, investment, security, governance, etc.
- Ledger Type: Use public or private ledger.
- Mining Type: Create new coins via Proof of Work (PoW) or Proof of Stake (PoS).
- Protocols: Based on different protocols like Bitcoin, Ethereum or EOS.
Major Blockchain Coins
The blockchain coins with the largest market capitalization include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Binance Coin (BNB)
- Ripple ( XRP)
- Tether (USDT)
Emerging Blockchain Coins
With the continuous development of blockchain technology, new blockchain coins continue to emerge. Some emerging coins to watch include:
- Polygon (MATIC)
- Solana (SOL)
- Cardano (ADA)
- Cosmos (ATOM)
- Avalanche (AVAX)
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