#RealityCheck Here's a categorized list of notable cryptocurrencies based on their primary utility. Keep in mind that many coins serve multiple functions, but I’ll group them by their main utility.
1. Payment Coins
Designed primarily as a medium of exchange.
Bitcoin (BTC) – Digital gold and store of value.
Litecoin (LTC) – Faster and lighter version of Bitcoin.
Bitcoin Cash (BCH) – Scalable Bitcoin fork for payments.
Dash (DASH) – Fast, low-fee transactions with optional privacy.
2. Smart Contract Platforms
Support decentralized applications (dApps) and smart contracts.
Ethereum (ETH) – Most widely used smart contract platform.
Solana (SOL) – High-speed smart contracts, low fees.
Cardano (ADA) – Focus on research-driven development.
Avalanche (AVAX) – Highly scalable and eco-friendly.
Algorand (ALGO) – Fast, secure, scalable blockchain.
3. Stablecoins
Pegged to a stable asset (usually USD).
Tether (USDT) – Most widely used stablecoin.
USD Coin (USDC) – Regulated, backed by US assets.
DAI – Decentralized, collateral-backed stablecoin.
TrueUSD (TUSD) – USD-pegged stablecoin with full collateral.
4. Privacy Coins
Designed to offer anonymous transactions.
Monero (XMR) – Strong privacy and fungibility.
Zcash (ZEC) – Optional privacy using zk-SNARKs.
Secret (SCRT) – Privacy-preserving smart contracts.
5. Governance Tokens
Enable holders to vote on project decisions.
Uniswap (UNI) – Governance for Uniswap DEX.
Compound (COMP) – Vote on protocol updates.
Aave (AAVE) – Lending platform governance.
Maker (MKR) – Governance of the MakerDAO and DAI.
6. Exchange Tokens
Used within cryptocurrency exchanges.
Binance Coin (BNB) – Discounted fees and ecosystem use.
OKB – Utility on OKX exchange.
Cronos (CRO) – Crypto.com exchange and ecosystem.
KuCoin Token (KCS) – KuCoin exchange utility.
7. Utility Tokens
Provide access or benefits within a specific project ecosystem.
Chainlink (LINK) – Decentralized oracles.
The Graph (GRT) – Indexing protocol for querying blockchain data.
Basic Attention Token (BAT) – Rewards for viewing ads in Brave browser.
VeChain (VET) – Supply chain and logistics tracking.
8. NFT / Metaverse Tokens
Fuel for NFT platforms and virtual worlds.
Decentraland (MANA) – Virtual real estate.
The Sandbox (SAND) – Gaming/metaverse.
Axie Infinity (AXS) – Play-to-earn gaming ecosystem.
Enjin Coin (ENJ) – NFT creation and integration.