Types of cryptocurrencies

Cryptocurrencies have revolutionized the financial landscape, offering diverse digital assets with unique features and use cases. Below is an overview of various types of cryptocurrencies, their current prices as of February 18, 2025, and their key characteristics.

1. Major Cryptocurrencies

Bitcoin (BTC): The first and most well-known cryptocurrency, introduced in 2009. Bitcoin operates on a decentralized blockchain and is often referred to as "digital gold" due to its store of value properties.

The current price of one Bitcoin (BTC) is 93933,00$.

Ethereum (ETH): Launched in 2015, Ethereum is a decentralized platform that enables smart contracts and decentralized applications (DApps) to be built and run without any downtime, fraud, or interference.

The current price of one Ethereum (ETH) is

2624,86$.

Ripple (XRP): Designed for digital payment processing, XRP facilitates fast and low-cost international money transfers. Unlike many cryptocurrencies, it doesn't rely on blockchain mining; instead, transactions are validated through a consensus protocol.

The current price of one Ripple (XRP) is 2,53$.

Litecoin (LTC): Created in 2011 as a "lighter" version of Bitcoin, Litecoin offers faster transaction confirmation times and a different hashing algorithm.

The current price of one Litecoin (LTC) is 125,02$.

2. Stablecoins

Stablecoins are cryptocurrencies pegged to stable assets like fiat currencies to minimize price volatility.

Tether (USDT): One of the most widely used stablecoins, USDT is pegged to the U.S. dollar, aiming to maintain a 1:1 value ratio.

The current price of one Tether (USDT) is 1,00$.

USD Coin (USDC): A stablecoin backed by U.S. dollar assets, providing a stable price and used for various financial services.

The current price of one USD Coin (USDC) is 1,00$.

Binance USD (BUSD): A U.S. dollar-backed stablecoin issued by Binance in partnership with Paxos, offering stability and utility within the Binance ecosystem.

The current price of one Binance USD (BUSD) is 0,99$.

3. DeFi Tokens

Decentralized Finance (DeFi) tokens are associated with platforms that offer financial services without centralized intermediaries.

Uniswap (UNI): The governance token for Uniswap, a decentralized exchange allowing users to swap various cryptocurrencies directly from their wallets.

The current price of one Uniswap (UNI) is 9,24$.

Aave (AAVE): A token for the Aave protocol, a decentralized lending system where users can lend and borrow cryptocurrencies.

The current price of one Aave (AAVE) is 244,30$.

Compound (COMP): The governance token for the Compound protocol, enabling users to earn interest or borrow assets against collateral.

The current price of one Compound (COMP) is 52,28$.

4. Exchange Tokens

These tokens are issued by cryptocurrency exchanges and often provide benefits like reduced trading fees.

Binance Coin (BNB): The native token of the Binance exchange, used to pay for transactions and trading fees on the platform.

The current price of one Binance Coin (BNB) is 637,55$.

FTX Token (FTT): The native token of the FTX exchange, offering trading fee discounts and other benefits to holders.

The current price of one FTX Token (FTT) is 2,06$.

5. Metaverse and NFT Tokens

These tokens are used within virtual worlds and for purchasing Non-Fungible Tokens (NFTs).

Decentraland (MANA): The native token of the Decentraland platform, used to purchase virtual land and goods within its metaverse.

The current price of one Decentraland (MANA) is 0,31$.

The Sandbox (SAND): A token used within The Sandbox virtual world, allowing users to buy, sell, and create digital assets and gaming experiences.

The current price of one The Sandbox (SAND) is 0,35$.

Axie Infinity (AXS): The governance token for the Axie Infinity game, where players can earn AXS through gameplay and participate in decision-making processes.

The current price of one Axie Infinity (AXS) 4,11$.

6. Meme Coins

Initially created as jokes, some meme coins have gained significant popularity.

Dogecoin (DOGE): Started as a light-hearted project, Dogecoin has a large community and has been used in various charitable events and crowdfunding campaigns.

The current price of one Dogecoin (DOGE) is 0,25$.

Shiba Inu (SHIB): Dubbed the "Dogecoin killer," Shiba Inu gained attention as an alternative meme coin with its own decentralized exchange called ShibaSwap.

The current price of one Shiba Inu (SHIB) is 0,00$.

Please note that cryptocurrency prices are highly volatile and can change rapidly. It's essential to conduct thorough research and consider your risk tolerance before investing.