Cryptocurrency is the future, and everyone and their dog wants to get in on the action. That’s why new cryptocurrencies are popping up all the time. It’s estimated that there are currently well over 5000 different currencies around the world. Let’s be honest, most of these coins aren’t worth much and probably never will be, although anyone who can spot a diamond in the rough before becomes the next big thing will be very rich indeed.
With all the alternative cryptocurrencies (known as altcoins) out there, creators have had to think outside the box when it comes to names that get attention. That’s why we have such bizarre-sounding as PizzaCoin, Cabbage, DogeCoin (after the internet meme) and Coinye (named after Kanye West).
But don’t make the mistake in thinking that all altcoins are trash. In fact, some are very useful, such as ripple, bitcoin cash and USDT. At StormGain, we make it easy to trade in both bitcoin and a variety of altcoins with up to 200x multiplier. But we select only the most useful and valuable, to offer our clients options, but also safety.
No altcoin has managed to unseat King Bitcoin from its throne at the top of the market, but do you know which one has come the closest?