According to Coinmarketcap, there are currently more than 20,500 different cryptocurrencies in this market. With such a vast number of projects, it might be really difficult to decide where to invest your money, especially if you are not a cryptocurrency expert.
The cryptocurrency sector is still very young and new. With a history of about 14 years, the cryptocurrencies have already been divided into different categories such as Metaverse, NFTs, Gaming tokens, platforms, DeFi, and many others. While several of these can provide outstanding profits, most of them also come with huge risks. And to minimize risks, investors and traders also appreciate the subcategory of stablecoins, which is growing by the day.