Newbie guide: All major coins explained
The crypto space can be overwhelming for beginners, there's just so many coins!
But fret not, I created simple explanations for all major coins to help you level up your crypto knowledge. Enjoy!
$Bitcoin(BTC.CC$ : The first crypto currency, created by Nvidia to boost graphics card sales
$Ethereum(ETH.CC$ : BTC but can also calculate your taxes
$Tether(USDT.CC$ : US dollar but what if the money printer had a modem
$Binance Coin(BNB.CC$ : ETH but what if rug pulls were cheaper
$XRP(XRP.CC$ : CBDC (Central Bank Digital Currency) beta release
$Cardano(ADA.CC$ : A whitepaper became self aware, grew a beard and created a crypto currency
Solana (SOL): ETH but what if <SEG FAULT #F9E7>
$Dogecoin(DOGE.CC$ : BTC but what if dog
$Polkadot(DOT.CC$ : You throw a party for blockchains but nobody shows up
Avalanche (AVAX): ETH but you think it's too simple and make it 3 blockchains
$Polygon(MATIC.CC$ : ETH but you want to run ETH on it
$Litecoin(LTC.CC$ : Dogecoin beta release
$Uniswap(UNI.CC$ : What if you wanted to swap 1 ETH worth of coins for a fee of 2 ETH
$ChainLink(LINK.CC$ : What if random numbers cost money
Cronos (CRO): You create a coin but you don't like it having use cases so you remove them
$Monero(XMR.CC$ : BTC but what if it pissed off regulators even more
$Algorand(ALGO.CC$ : What if you brought democracy to a blockchain without bombing it first
$Bitcoin Cash(BCH.CC$ : BTC but with an insolvent CEO
$VeChain(VET.CC$ : What if your coin's use case doesn't work out so you try out a new one every month
The Sandbox (SAND): Minecraft but what if it was designed by a hedge fund
ApeCoin (APE): What if you bought an ape JPEG for 1 million USD and still had money left over
Internet Computer (ICP): ETH but what if the price chart was reversed
Filecoin (FIL): Google Drive but what if you paid Bob to store your data instead
Axie Infinity (AXS): A full time job where your salary can get hacked
$EOS(EOS.CC$ : What if you were the cool kid once but now work at McDonalds
Aave (AAVE): What if you got liquidated but it's decentralized so it's ok
$IOTA(MIOTA.CC$ : What if your toaster could trade crypto currencies
THORChain (RUNE): Created by Marvel fans to get Chris Hemsworth's attention
$Loopring(LRC.CC$ : Polygon but partnered with dying retail stores
Nano (XNO): A fast and feeless currency so good that nobody wants to use it
$Terra(LUNA.CC$ : Created for ponzi scheme victims that still had money left over
But fret not, I created simple explanations for all major coins to help you level up your crypto knowledge. Enjoy!
$Bitcoin(BTC.CC$ : The first crypto currency, created by Nvidia to boost graphics card sales
$Ethereum(ETH.CC$ : BTC but can also calculate your taxes
$Tether(USDT.CC$ : US dollar but what if the money printer had a modem
$Binance Coin(BNB.CC$ : ETH but what if rug pulls were cheaper
$XRP(XRP.CC$ : CBDC (Central Bank Digital Currency) beta release
$Cardano(ADA.CC$ : A whitepaper became self aware, grew a beard and created a crypto currency
Solana (SOL): ETH but what if <SEG FAULT #F9E7>
$Dogecoin(DOGE.CC$ : BTC but what if dog
$Polkadot(DOT.CC$ : You throw a party for blockchains but nobody shows up
Avalanche (AVAX): ETH but you think it's too simple and make it 3 blockchains
$Polygon(MATIC.CC$ : ETH but you want to run ETH on it
$Litecoin(LTC.CC$ : Dogecoin beta release
$Uniswap(UNI.CC$ : What if you wanted to swap 1 ETH worth of coins for a fee of 2 ETH
$ChainLink(LINK.CC$ : What if random numbers cost money
Cronos (CRO): You create a coin but you don't like it having use cases so you remove them
$Monero(XMR.CC$ : BTC but what if it pissed off regulators even more
$Algorand(ALGO.CC$ : What if you brought democracy to a blockchain without bombing it first
$Bitcoin Cash(BCH.CC$ : BTC but with an insolvent CEO
$VeChain(VET.CC$ : What if your coin's use case doesn't work out so you try out a new one every month
The Sandbox (SAND): Minecraft but what if it was designed by a hedge fund
ApeCoin (APE): What if you bought an ape JPEG for 1 million USD and still had money left over
Internet Computer (ICP): ETH but what if the price chart was reversed
Filecoin (FIL): Google Drive but what if you paid Bob to store your data instead
Axie Infinity (AXS): A full time job where your salary can get hacked
$EOS(EOS.CC$ : What if you were the cool kid once but now work at McDonalds
Aave (AAVE): What if you got liquidated but it's decentralized so it's ok
$IOTA(MIOTA.CC$ : What if your toaster could trade crypto currencies
THORChain (RUNE): Created by Marvel fans to get Chris Hemsworth's attention
$Loopring(LRC.CC$ : Polygon but partnered with dying retail stores
Nano (XNO): A fast and feeless currency so good that nobody wants to use it
$Terra(LUNA.CC$ : Created for ponzi scheme victims that still had money left over
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Sg-Jin : Haha I like the explanation for XMR
ProTraderMarkOP Sg-Jin:
Mikeollis : U must not like crypto!!!