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This is acceptable since the post of that user is seems to be meritorious.
In the initial days when crypto-currency meant bitcoin only. Slowly picture started to change and new coins were introduced. With boom in the bitcoin price also fast-tracked the adaption of alternate cryto-currency. However there was A big bIAS TOWARDS THESE COINS. Real surge and adaption happened when bitcoin went over 1000 USD mark. After that rapid growth of bitcoin accelerated adaption of alternate as many people realized that investment in bitcoin from testing purpose is now not affordable.
One of major reason for alternate crypto got the bad rap was many coins mushroomed, collected money and vanished in thin air. This was observed after boom in alternative currency started. Many coins stand test of time, coins such are ethereum, monero etc etc. alternative crypto currency is of two types: 1. coins 2.token.
Majority of the altcoins are based on the ethereum. While checking the tokens and their usage, i noticed noticed that one could use these tokens for various purposes apart from being used as coin. They could be used in the healthcare industry as well. I'm sure there are other coins which have similar or different usecases for them.
What do you think about the significance of alternate crypto currency?
If you like my post please consider to send some merit to my post.
But the Merit summary of this user is likely farmed. This received merit from
lordquanta and
zcroc1 sent merit back.
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