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3 Ultra-Popular Cryptocurrencies to Avoid Like the Plague

·6 min read
3 Ultra-Popular Cryptocurrencies to Avoid Like the Plague

For example, Bitcoin and Ethereum (CRYPTO: ETH), the two largest digital currencies by market value, have galloped higher by 8,640% and 28,970%, respectively, over the trailing five-year period. Cryptocurrency investors are excited about the potential for blockchain technology to revolutionize payments and possibly even improve other aspects of life, such as supply chains. For instance, Ethereum's blockchain is core to the success of decentralized finance (DeFi) -- a financially focused blockchain utilizing smart contracts that'll bypass traditional financial intermediaries that can slow or deny transactions.