The changes in the cryptocurrency market have been nothing short of revolutionary! According to an analysis by the China Financial Forty Forum, cryptocurrencies have now developed into three main types: value storage cryptocurrencies, utility tokens, and stablecoins. Each type has its unique design mechanisms and functions to meet different market demands.

By the end of 2024, the total market capitalization of global cryptocurrencies is expected to reach approximately 3.43 trillion USD. Astonishingly, this figure is equivalent to 5% of the total market capitalization of the U.S. stock market and 35% of the Chinese stock market. Compared to 10.6 billion USD at the beginning of 2014, the market size has grown more than 300 times over the past decade, demonstrating the strong development momentum of cryptocurrencies.📈🌐