Detailed introduction to the leading coins of each track in the currency circle in 2024

php editor Youzi brings you a detailed introduction to the leading coins in each track in the currency circle in 2024. In this year of fierce competition in the digital currency industry, leading coins have emerged in various fields, each with unique characteristics and advantages. This article will introduce you to the leading coins in each track in detail, including its core technology, application scenarios, team background, market value performance, etc. Whether you are a novice or an experienced investor, I believe this information will be helpful to your investment decisions. Let’s learn about these leading coins that have attracted much attention!

Ethereum is an open source public blockchain platform with smart contract functionality. It handles peer-to-peer contracts with the decentralized Ethereum Virtual Machine via Ethereum.

Polkadot is a decentralized cryptocurrency that provides a safe, reliable and efficient way to transfer value.

Solana is a blockchain-based digital currency that enables safe, reliable and efficient value transfer through a decentralized network.

Ripple is a digital currency that provides cross-border payment solutions through a decentralized network, which is efficient, reliable and low-cost.

In the currency circle, there are countless opportunities, but to seize the opportunity, you need to prepare in advance. First of all, understand the leading coins in each track of the currency circle and choose the cryptocurrency investment that suits you. Diversification often leads to greater opportunities.

Comprehensive introduction to the leading coins in each track in the currency circle in 2024

The famous tracks in the currency circle in 2024 include DEFI, stable currency, public chain, and GameFi , NFT, metaverse, L2, oracle, MEME and RWA. The following is an introduction to the leading coins of each track:

1, DEFI

DEFI track currently has 95 types of cryptocurrencies, among which the more famous leading coins are AVAV, LINK, and WBTC coins. DeFi is the abbreviation of Decentralized Finance, also known as Open Finance. It actually refers to a decentralized protocol used to build an open financial system.

2. Stablecoins

The stablecoin track currently has 16 types of cryptocurrencies. The more famous ones are USDT, YSDC, and DAI coins. Stablecoins are such a type of cryptocurrency with stable value. The digital currency is linked to a certain stable asset, such as gold, euro, US dollar, etc., so that the unit price of the currency represents a certain purchasing power.

3. Public chain

There are currently 66 types of cryptocurrencies in the public chain track. The more famous ones are BTC, ETH, and SOL coins. Public blockchain means that anyone in the world can A blockchain that can be read, anyone can send transactions and the transactions can be effectively confirmed, and anyone can participate in the consensus verification process. The consensus process determines which blocks can be added to the blockchain and clarifies the current state.

4. GameFi

The GameFi track currently has 37 types of cryptocurrencies. The more famous ones are SAND, MANA, and ENJ coins. GameFi refers to providing economic incentives for players to earn money while playing. blockchain games. Players can usually earn cryptocurrency and NFT rewards by completing tasks, playing against other players, and completing levels.

5, NFT

There are currently 95 types of cryptocurrencies in the NFT track. The more famous ones are MATIC, IMX, and RANR coins. NFT is a non-fungible token, which refers to an ownership area. Blockchain management rights, unique blockchain projects. For example, collections, game items, digital art, event tickets, domain names, and even ownership records for physical assets.

6. Metaverse

The Metaverse track currently has 44 types of cryptocurrencies. The more famous ones are LINK, FIL, and RANR coins. The Metaverse has credible asset value and identity authentication. A platform for hosting virtual activities that replicates the underlying logic of the real world. Its essence is a platform that hosts all virtual activities. Users can engage in socializing, entertainment, creation, display, education, trading and other activities, which will have a subtle impact and change on users' production and lifestyle.

7, Layer-2

The Layer-2 track currently has 23 cryptocurrencies, the more famous ones are MATUC, NEAR, and ARB coins. Currently, the blockchain has scalability issues. , although decentralized and transparent, transactions are slow and costly. Three scalability technologies exist, including the introduction of optimized blockchain protocols for each validator node.

8. Oracle

There are currently 15 types of cryptocurrencies in the oracle track. The more famous ones are LINK, TRB, and UMA coins. The oracle is the infrastructure for the development of DeFi. Its functions It is to convert external information and write it into the blockchain to complete the data exchange between the blockchain and the real world. Simply put, an oracle is a data intermediary that connects the blockchain to the real world.

9. MEME

There are currently 24 types of cryptocurrencies in the MEME track. The more famous ones are DOGE, SHIB, and BABYDOGE coins. The meme coin of cryptocurrency, also known as Meme Coin, is a It is an encrypted asset that originated from Internet community culture and was created by technology development enthusiasts through blockchain technology in order to achieve some humorous or sarcastic entertainment purposes.

10. RWA

The RWA track currently has 24 types of cryptocurrencies. The more famous ones are MKR, SNX, and CFG coins. RWA (Real World Assets) refers to the currency that supports the transfer of real-world assets. Monetized projects

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