Cryptocurrency$$$$

 

Types of Cryptocurrency & Value in INR

🪙 Main Types of Cryptocurrency

• Payment Cryptocurrencies: Designed for peer-to-peer money transfers. Examples: Bitcoin (BTC), Litecoin (LTC), Dogecoin (DOGE).

• Utility Tokens: Operate on existing blockchains and power dApps. Examples: Ethereum (ETH), Solana (SOL), BNB (Binance Coin).

• Stablecoins: Pegged to real-world assets to reduce volatility. Examples: Tether (USDT), USD Coin (USDC), Dai (DAI).

• Privacy Coins: Enhance anonymity and transaction privacy. Example: Monero (XMR).

• Platform & Infrastructure Coins: Power specialized ecosystems and blockchains. Examples: Cardano (ADA), Polkadot (DOT), Chainlink (LINK).

💰 Current Value (USD → INR)

1 USD ≈ ₹83 (as of today)

Crypto	Price (USD)	Price (INR)
Bitcoin (BTC)	108,911	₹9,040,613
Ethereum (ETH)	2,576	₹214,008

🧠 Quick Infographic – Visual Summary

[ CRYPTOCURRENCY LANDSCAPE ]

    Payment Coins       
  BTC (~₹90L), DOGE, LTC  


    Utility Tokens       
  ETH (~₹2.1L), SOL, BNB  


      Stablecoins         
 USDT, USDC, DAI (~₹83)  


   Privacy Coins        
      XMR (Monero)        



 Platform / Infrastructure
ADA, DOT, LINK, SOL…     

✅ Extra Insights

• There are 20,000+ cryptos but most are niche or defunct.

• Bitcoin (launched 2009): capped at 21M, proof-of-work, seen as “digital gold”.

• Ethereum (2015): enables smart contracts & dApps; transitioned to proof-of-stake.

• Stablecoins (USDT, USDC, DAI) aim to maintain value parity with USD.

• Privacy coins like Monero obscure transaction details by default.

✅ TL;DR

• Best known & liquid: Bitcoin & Ethereum.

• Stable for less volatility: USDT, USDC, DAI (≈ ₹83).

• For specific uses: SOL, ADA, BNB, XMR, etc.

• Use the infographic above to quickly see categories, typical prices, and use cases.