Over 24,000 Cryptocurrencies Exist — But What Are They Really?
Over 24,000 Cryptocurrencies Exist — But What Are They Really?
As of May 2025, there are an estimated 24,000 to 26,000 cryptocurrencies listed across global platforms like CoinMarketCap and CoinGecko. But while that number sounds massive, it can be misleading. Not all crypto tokens are created equal — in fact, the vast majority serve no lasting purpose.
So what exactly makes up this ocean of digital assets?
Token Breakdown: What’s Really Out There
(Estimates based on available data from leading platforms and industry trends)
| Token Category | Estimated % | Approximate Count | Description |
|---|---|---|---|
| Utility Tokens | 10–12% | ~2,500–3,000 | Power DeFi platforms, games, NFT marketplaces, or grant governance rights. Examples: $LINK, $UNI, $nftXc. |
| Meme Coins | 15–20% | ~4,000–5,000 | Joke-based tokens with viral appeal, little utility. Examples: $DOGE, $SHIB, $PEPE. |
| Payment Coins | 5–7% | ~1,200–1,800 | Designed for peer-to-peer transactions. Examples: $BTC, $LTC, $XMR. |
| Exchange Tokens | 3–5% | ~750–1,300 | Native coins for centralized or decentralized exchanges. Examples: $BNB, $OKB, $KCS. |
| Stablecoins | 1–2% | ~300–500 | Pegged to fiat currencies. Examples: $USDT, $USDC, $DAI. |
| Security Tokens | <1% | <200 | Represent shares or regulated assets; less common due to legal complexity. |
| Scam / Abandoned / Inactive Tokens | 40–50% | ~10,000–13,000 | Tokens with no liquidity, no community, or rug-pulled projects. Often listed once and forgotten. |
| Niche or Experimental | 10–15% | ~2,500–3,500 | Highly specific tokens for small ecosystems, pilot projects, or DAOs. |
Only a Fraction Truly Matters
While there may be over 24,000 tokens, fewer than 5% show consistent:
- Trading volume
- Active development
- Real-world use or user demand
The rest often serve as testbeds, experiments, or hype-based short-term grabs.
Why This Matters
For new investors, seeing thousands of available tokens can feel overwhelming. But quantity ≠ quality.
Most successful projects combine:
- A clear use case
- Strong community support
- Transparent tokenomics
- Real-world application or adoption
At nftXc.biz, We Focus on Utility
We’re building a token ($nftXc) designed to power real transactions on platforms like NFT-tradingcards.biz — not just exist for speculation.
Because crypto should do something, not just exist.
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