There are currently thousands of cryptocurrencies all vying for adoption on multiple different fronts, with many being viewed as scams and fundraising schemes, while others cryptos with legitimate use cases struggle to garner any significant support.
From an investment standpoint, investors overwhelmingly seem to favor Bitcoin as the currency of the future, with its market capitalization being over six times larger than that of Ethereum – which is currently the second largest digital asset by market cap.
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