5,300 New Tokens Launched Daily in 2024 So Far

*So, how to chose a good coin/ token?

#How Many Cryptocurrencies Are There?

There are over 2.52 million cryptocurrencies in 2024 to date. This is 5.7 times more than the 0.44 million cryptocurrencies around at the end of 2021. 

Over 0.54 million new crypto tokens have been created in 2024 as of early April, which is equivalent to an average of 5,300 new tokens launched every day so far this year.

------Long story in short------

Now,

Here is a million dollars question

How to chose a good token/ coin?

because just a few of those 5300 can survive.

For example--- BMKU has launched a token BinGo with initial price 0.2$ , circulation supply 21 million, max supply 63 million. After launching in first week price rises to 8$ with so many gossips. In second week supply starts to increase and price falls. After 3 months the Token BinGo is delisted.

So the answer is-----

*It's you who has to identify the best token or coin to invest on. Because it's you who will earn or lose depending on your decision. So never blame others, never listen others. Use your own intelligence.

From my point of view, I prefer

$BTC for big investment

$ETH for medium scale

and of course $ATOM for small scale.

*** Never speculate with money that you cannot afford to loose.

** Avoid my opinions and use your own intelligence.

*** All thanks goes to CoinGeco for such an informative research.