No. of Cryptocurrencies
As of early 2024, there are approximately 9,024 active cryptocurrencies globally. This number reflects the volatility and dynamic nature of the cryptocurrency market, as many projects emerge while others fail or become inactive. The total number of cryptocurrencies reached an all-time high in early 2022 with over 10,000 coins but has since declined due to project failures and market downturns.
Cryptocurrencies vary in purpose and design, with categories such as decentralized finance (DeFi), meme coins, GameFi tokens, stablecoins, and privacy-focused coins. Each category has its unique ecosystem and user base, contributing to the market's diversity.
No. of Bitcoins
As of December 2024, there are approximately 19.9 million bitcoins in circulation. This figure represents over 93% of the total cap of 21 million bitcoins that will ever exist. The remaining approximately 1.1 million bitcoins are yet to be mined and are expected to be gradually introduced into circulation over the coming decades due to Bitcoin’s halving mechanism, which slows the rate of new bitcoin production. The final bitcoin is estimated to be mined around the year 2140.
This limited supply is a key feature of Bitcoin, contributing to its scarcity and value. Additionally, some of the existing bitcoins are considered lost due to misplaced private keys or inaccessible wallets, further reducing the number available for transactions and investments.
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