5 Coins You Probably Never Knew Existed
As the world of cryptocurrency has taken off over the last few years, tons of new and successful coins have also made their way into the market. You’ve probably heard of the giants like Bitcoin, Ethereum, Neo, etc. But what about the smaller coins that you haven’t heard about? Have you ever wondered what kinds of coins have made it into the market that you never hear about even once? Well, let’s go over five of these random, interesting, and unique coins that make up the crypto market.
This is not financial investment advice.
This article will touch on key aspects of lesser-known coins within the market.
In this article
Sexcoin (18+)
That’s right, you didn’t read this wrong, there is actually a coin called Sexcoin dedicated to the adult entertainment world. Sexcoin is not a new coin. There was no ICO and no initial investments of any kind. Instead, Sexcoin has grown steadily since emerging in 2013 during the first true Altcoin Uprising. After an initial three year period of growth, 2017 saw Sexcoin achieve its true potential as the development of features were adopted and implemented.
In fact, Sexcoin wallets are widely available and made for all formats. SO what’s Sexcoin all about and what can it even do? Well, the coin’s goal is to create a safer, more fun environment where a decentralized Sex-Coin (exchange symbol SXC) can be used to make instant micropayments, send or receive anonymous gifts, trade for goods, and experience safe adult entertaining of all flavors.
Dogecoin
Originally created as a joke to reference a meme about a funny-looking Shiba Inu dog ,Dogecoin is a relatively well-known parody coin that can actually be used to trade digital assets. Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Think of it as “the internet currency.”
Recently, Dogecoin has reached over $1 billion in capitalization. Dogecoin has stayed low in value with very small transaction fees, allowing it to be a cryptocurrency that people actually use, instead of just hold on to as an investment. Dogecoin has become the most popular coin to tip people over the internet in appreciation for their content.
PotCoin
For the 4/20 friendly crypto users, this is a coin you may want to pay attention to. PotCoin is an ultra-secure digital cryptocurrency, network and banking solution for the $100 billion global legal marijuana industry. PotCoin is the first digital currency created to facilitate transactions within the legalized cannabis industry, utilizing its community based effort to execute all operations.
PotCoins are digital coins you can send via the internet, which allow cannabis enthusiasts to interact, transact, communicate and grow together. These coins are transferreddirectly from person to person via the net, without going through a bank or clearing house. This means that the fees are much lower, you can use them in every country and your account cannot be frozen. Sending PotCoin is as easy as sending an email and you can buy anything with PotCoins
Garlicoin
When people say that there is a cryptocurrency for pretty much anything, they aren’t wrong. One of these extremely niche coins happens to be Garlicoin, which is simply a new, freshly baked cryptocurrency, born from the shitposts of Reddit.
Garlicoin formed on a few simple fundamentals — cheap and fast transactions, low barrier to entry, and total focus on the community. These fundamentals have been put into practice, resulting in Garlicoin being a triumphant success:40 second block times allow for blazingly fast confirmations, our ASIC resistant proof-of-work algorithm means anyone with a GPU can contribute to mining, and many important decisions have been made by the rapidly growing Garlicoin community. Nonetheless, this is still known as a “joke” coin which you can store using their own wallets.
Petro
This is actually one of the more popular coins out there, which waslaunched by Venezuela’s official government in February of 2018. Despite being declared as “illegal” by the opposition-led congress before its launch, the petro has been emerging further into the heart of the nation’s finances as the president has endeavored to ensure its use across society.
In February, he requested the country’s banks to mine and use the petro and ordered several state-owned companies to convert a percentage of their sales and purchases into the token, among other initiatives aimed to promote its uptake. Maduro originally stated that approximately 100 million of the tokens would be issued to overcome the financial sanctions imposed by the U.S. Resultantly, the U.S. responded with Donald Trump signing an executive order imposing new sanctions against Venezuela over the petro.
Conclusion
These are just a few of the coins available that you may have never heard about. Despite being relatively unheard of, each of these coins has built up some kind of community which it relies upon for support. Amazingly, there are still tons of smaller niche coins out there that we haven’t discussed, further emphasizing the notion that you’ll never know what kind of coin you’ll run into in the world of crypto.
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