are all cryptocurrencies the same

Are all cryptocurrencies the same

One of the biggest winners is Axie Infinity — a Pokémon-inspired game where players collect Axies (NFTs of digital pets), breed and battle them against other players to earn Smooth Love Potion (SLP) — the in-game reward token https://drying-machine.org/pokies/free/. This game was extremely popular in developing countries like The Philippines, due to the level of income they could earn. Players in the Philippines can check the price of SLP to PHP today directly on CoinMarketCap.

The abundance of cryptocurrencies and tokens is primarily due to the ease of creating tokens using templates and tools. Forking public repositories of existing cryptocurrencies is also very easy. This accessibility allows developers, businesses, and even non-tech-savvy individuals to create unique digital assets tailored to specific use cases, industries, financial solutions, or simply for fun and experimentation. As a result, we see a diverse and growing ecosystem of digital currencies.

Each of our coin data pages has a graph that shows both the current and historic price information for the coin or token. Normally, the graph starts at the launch of the asset, but it is possible to select specific to and from dates to customize the chart to your own needs. These charts and their information are free to visitors of our website. The most experienced and professional traders often choose to use the best crypto API on the market. Our API enables millions of calls to track current prices and to also investigate historic prices and is used by some of the largest crypto exchanges and financial institutions in the world. CoinMarketCap also provides data about the most successful traders for you to monitor. We also provide data about the latest trending cryptos and trending DEX pairs.

Currently, there is no direct option to download the complete list of cryptocurrencies in Excel format. Nevertheless, we encourage you to contact us using our contact form at so we can discuss alternative options and tailor a solution to fit your requirements.

Our Cryptocurrencies and Tokens Table is designed to provide you with the most up-to-date and relevant information about digital assets. In addition to the name, price, 24h change, market cap, circulating supply, and 24h volume, we provide valuable metadata to help you make informed investment decisions. Here’s a breakdown of the different metadata categories:

What are all the cryptocurrencies

In January 2024 the SEC approved 11 exchange traded funds to invest in Bitcoin. There were already a number of Bitcoin ETFs available in other countries, but this change allowed them to be available to retail investors in the United States. This opens the way for a much wider range of investors to be able to add some exposure to cryptocurrency in their portfolios.

CoinMarketCap does not offer financial or investment advice about which cryptocurrency, token or asset does or does not make a good investment, nor do we offer advice about the timing of purchases or sales. We are strictly a data company. Please remember that the prices, yields and values of financial assets change. This means that any capital you may invest is at risk. We recommend seeking the advice of a professional investment advisor for guidance related to your personal circumstances.

are all cryptocurrencies the same

In January 2024 the SEC approved 11 exchange traded funds to invest in Bitcoin. There were already a number of Bitcoin ETFs available in other countries, but this change allowed them to be available to retail investors in the United States. This opens the way for a much wider range of investors to be able to add some exposure to cryptocurrency in their portfolios.

CoinMarketCap does not offer financial or investment advice about which cryptocurrency, token or asset does or does not make a good investment, nor do we offer advice about the timing of purchases or sales. We are strictly a data company. Please remember that the prices, yields and values of financial assets change. This means that any capital you may invest is at risk. We recommend seeking the advice of a professional investment advisor for guidance related to your personal circumstances.

Almost. We have a process that we use to verify assets. Once verified, we create a coin description page like this. The world of crypto now contains many coins and tokens that we feel unable to verify. In those situations, our Dexscan product lists them automatically by taking on-chain data for newly created smart contracts. We do not cover every chain, but at the time of writing we track the top 70 crypto chains, which means that we list more than 97% of all tokens.

TThe data at CoinMarketCap updates every few seconds, which means that it is possible to check in on the value of your investments and assets at any time and from anywhere in the world. We look forward to seeing you regularly!

Are all cryptocurrencies the same

Cryptocurrencies register all information about transactions on the blockchain record. Therefore, the details of all cryptocurrency transactions stay in the public domain. Anyone can access information about the transactions and learn all the details without any bureaucratic or legal hurdles.

If you’re new to the world of cryptocurrencies, you might see a jumble of names like Bitcoin, Ethereum, Dogecoin, and wonder if they’re all variations of the same thing. The short answer is a resounding NO! Let’s dive into why the crypto landscape offers a vast and varied array of options.

The crypto market is huge, and it follows different rules, but it doesn’t mean it’s the same for all the cryptocurrencies available on it. When we talk about it, the first thing that crosses our minds is Bitcoin and its huge role in the world. It was the first virtual currency launched more than a decade ago, so it’s understandable that people recognize it the most, and it’s possible that most of them can’t name more than two currencies. But, there is a lot more than that – according to many sources, the total number of digital money is 6,955, but some of them failed and aren’t active right now. Another source says that the complete number is around 5,000 and that’s really a lot, knowing that we only recognize barely 10 of them.

are all cryptocurrencies mined

Cryptocurrencies register all information about transactions on the blockchain record. Therefore, the details of all cryptocurrency transactions stay in the public domain. Anyone can access information about the transactions and learn all the details without any bureaucratic or legal hurdles.

If you’re new to the world of cryptocurrencies, you might see a jumble of names like Bitcoin, Ethereum, Dogecoin, and wonder if they’re all variations of the same thing. The short answer is a resounding NO! Let’s dive into why the crypto landscape offers a vast and varied array of options.

The crypto market is huge, and it follows different rules, but it doesn’t mean it’s the same for all the cryptocurrencies available on it. When we talk about it, the first thing that crosses our minds is Bitcoin and its huge role in the world. It was the first virtual currency launched more than a decade ago, so it’s understandable that people recognize it the most, and it’s possible that most of them can’t name more than two currencies. But, there is a lot more than that – according to many sources, the total number of digital money is 6,955, but some of them failed and aren’t active right now. Another source says that the complete number is around 5,000 and that’s really a lot, knowing that we only recognize barely 10 of them.