#CryptoUsersHit18M It is possible to conditionally highlight four types of cryptocurrencies: Bitcoin, altcoins, stablecoins, and tokens. First of all, it is important to note that there is a single cryptocurrency that has the status of a separate asset outside the main categories — this is Bitcoin (BTC). Bitcoin is the first and most popular cryptocurrency, traded on Binance and other exchanges.

Altcoins, which were created after Bitcoin, represent all cryptocurrencies except the first cryptocurrency, their market share in the cryptocurrency market in 2024 is about 40%.

Stablecoins are cryptocurrencies whose exchange rate is supported by certain assets, such as strong fiat currencies (US dollar, euro, etc.), commodity values (such as gold), or other cryptocurrencies, which reduces price fluctuations.

TOKENS

Cryptocurrency tokens are created based on other blockchains, such as Ethereum or BNB Chain, for example. These assets are created by various companies with the aim of raising funds for the development of their projects or ensuring the functionality of products.