Crypto
2,600+ New Cryptocurrencies were Created in First Half of 2021
What factors drove the development of so many new coins and tokens within this unusual period for crypto?
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Should Bitcoin prove to ease the cost of money transfers, more remittance-reliant countries could follow El Salvador.
What factors drove the development of so many new coins and tokens within this unusual period for crypto?
Within the economic context, the government's move to gift $30 of BTC to everyone makes much more sense.
Critics of the IMF say the fund does more harm than good. Some Bitcoin maximalists say they have an answer.
El Salvador goes all in on BTC - using the currency to fight USD inflation, and renewable energy for mining.
Upcoming monetary wars will be delineated between the forces of centralization and decentralization.