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How Many Cryptocurrencies Are There?

You may be surprised to learn just how many cryptocurrencies there are and how fast the number is growing.

By Lyle DalyUpdated May 26, 2025 at 1:49 PM | Fact-checked by Frank Bass

Key Points

  • More than 15 million cryptocurrencies exist, with rapid growth due to a low barrier to entry.
  • Top coins like Bitcoin and Ethereum dominate by market cap and serve unique purposes.
  • Many new cryptocurrencies lack utility, focusing more on quick profits for developers.

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