💥 Classification of coins 💥


 

Currently, there are more than 2000+ coins in the market, the number will change day by day.
1️⃣ Bitcoin - King of coins
Bitcoin - the first pioneering virtual currency in the field of cryptocurrencies and cryptocurrencies, dubbed the KING of coins, is not in any group of coins, has a huge impact on the coin market. Comparing to the current USD, if only Bitcoin increases sharply, other coins will increase, and if Bitcoin drops, it will also drag other coins down.
2️⃣ Tether (USDT) - A currency that balances the market
USDT is a special case, the price is only 1 $ and maximum exchange rate difference <5%. The purpose of this coin is to invest, investors will buy USDT and use USDT to buy other coins to avoid losing exchange rates.
3️⃣ Altcoin: Besides Bitcoin, all other coins are called Altcoins.

Coin Classify Coin by market capitalization
TOP TOP Coin group
      A group of coins with a large market capitalization of ~ $ 1 billion, conspicuous position on the top of the Coinmarketcap board. These are coins with high stability, good security, good trading volume, high liquidity, no fear of scam / disappear. These coins are often listed on many exchanges so it is quite easy to buy.

Potential money group
These are the money groups with a market capitalization of ~ $ 100 million, this group has a lot of money and volatility. This is also a group of coins usually pumped by "sharks" and can jump on the TOP coins at any time.

Token group
These are unlisted coins (ICO, IEO), only exist in the form of calling for investment and project capital. When the coin succeeds, the value will increase several times. This is a Coin group for fast venture capitalists and investors.

Rubbish Coin Group
This is a group of currencies with a market capitalization of less than $ 100 million, for many reasons they are less known by many investors such as weak marketing, not many buyers, or not outstanding technology. These can also be potential currencies and because very few buyers are often only traded on small exchanges.

Nhóm siêu rác
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Charlie Vanauken
Charlie Vanauken

I'm a reader and an analyst, I love cryptocurrencies, I will try to help people understand more about cryptocurrencies.


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