10 Utterly Puzzling Cryptocurrencies You Won’t Believe Exist

Although the cryptocurrencies have been around for almost a decade, it is until recent that these currencies have received tremendous appreciation from the market. Bitcoin for instance recently surpassed $5,000 and Ether, the second largest cryptocurrency surged over 21,000%, since it was first introduced. The blockchain technology and its features such as anonymity, security and immunity from the Government manipulating the prices, is what seems to be the driving force behind the astronomical rise of these cryptocurrencies.

The growth of Bitcoin and its underlying technology however inspired the development of alternate cryptocurrencies often known as altcoins. These alternative coins are growing in numbers, and at present are above 1,000, sharing more than 40% of the total market cap. What is interesting though is there are many unknown and weird digital currencies floating around that are used in most innovative and bizarre ways.

Here’s a list of 10 most puzzling cryptocoins that you might have never heard of-

1. Putin Classic (PUTIC)

Putin Classis (PUTIC) is the “first souvenir in currency”, that is what its website says. “We have created a beautiful coin, it is nice to keep in your wallet, or trading on the exchange.” The coin is dedicated to Vladimir Putin and the developers have a plan to support it on a permanent basis.

Coin Details:

Price: $0.0039

Market Cap: $135,105.39

Circulation: 34,278,459 PUTIC

Total Supply: 84,278,459 PUTIC

2. PotCoin (POT)

PotCoin boasts to be the first digital currency that facilitates transactions related to buying and selling of legalized marijuana items. According to their website, “PotCoins are digital coins you can send via the internet, which allow cannabis enthusiasts to interact, transact, communicate and grow together.” Recently, the developers behind this cryptocurrency announced a network of 800 ATMs across 35 countries, through which PotCoin can be integrated and accepted.

Coin Details:

Price: $0.081999

Market Cap: $17,906,818

Circulation: 218,379,826 POT

Total Supply: N/A

3. UFO Coin (UFO)

Not be confused by its name, UFOCoin is actually a newly developed digital currency that is developed with a blend of several hash algorithms within Neoscrypt, which according to their website creates a stronger encryption and an extra layer of protection for the network. The development team also claims that the transaction speed will be lightning fast with low fees.

Coin Details:

Price: $0.000172

Market Cap: $592,831

Circulation: 3,451,872,512 UFO

Total Supply: 4,000,000,000 UFO

4. Useless Ethereum Token (UET)

Claiming to be the world’s first 100% honest crypto, UET was developed to dig at ICOs. The website clearly says “You're going to give some random person on the internet money, and they're going to take it and go buy stuff with it. Probably electronics, to be honest. Maybe even a big-screen television. Seriously, don't buy these tokens.” Surprisingly though, people still bought these tokens and it traded at $40 after its launch. Currently the price of UET is $ $0.011021.

Coin Details:

Price: $0.011021

Market Cap: $43,708

Circulation: 3,965,716 UET

Total Supply: N/A

5. Unobtanium (UNO)

Unobtanium is a term associated with a fictional rare and costly material and the cryptocurrency is developed on the same concept. Only 250,000 Uno will be mined over 300 years and is managed by a small and experienced community. The currency is merged mined with Bitcoin, making it highly secure and faster than Bitcoin.

Unobtanium is a term associated with a fictional rare and costly material and the cryptocurrency is developed on the same concept. The currency is merged mined with Bitcoin, making it highly secure and faster than Bitcoin.

Price: $64.23

Market Cap: $12,707,427

Circulation: 197,832 UNO

Total Supply: 250,000 UNO

6. Trump Coin (TRUMP)

TrumpCoin is another bizarre cryptocurrency developed to support the 45th President of the United States. By supporting investor driven donations, causes and projects that can help in rebuilding America, TrumpCoin aims to support Donald Trump’s vision to “Make America Great Again”.

Price: $0.050301

Market Cap: $329,248

Circulation: 6,545,531 TRUMP

Total Supply: N/A

7. DogeCoin (DOGE)

DogeCoin started initially as a “joke currency”. The name of the crypto is inspired from the famous internet meme known as Doge, which became popular in 2013. Surprisingly, DOGE is one of the largest alternative cryptocurrencies in the market and is no longer a joke. It has already sponsored NASCAR and has sent Jamaican bobsled team to Olympics.

Market Cap: $121,229,005

Circulation: 111,657,706,500 DOGE

Total Supply: N/A

8. Coinye West

Coinye, formerly known as Coinye West is an abandoned cryptocurrency. The creators of Coinye were involved in a trademark infringement lawsuit for using the name of a famous American hip-hop artist Kanye West, despite any approval from Mr. West. Although the coin is still being traded on some exchanges under the name of “COYE/KOI”, it is no longer being considered worth the investment by cryptocurrency enthusiasts.

9. Potato Coin

This cryptocurrency aims to empower farmers of the third world countries. Using SMS service, farmers can transact PotatoCoins and safely sell their products without the risk of inflation/deflation/fees. These coins, however, did not generate enough interest among the enthusiasts and is trading today at a price of $0.000002.

Market Cap: $396

Circulation: 161,906,118 SPUDS

Total Supply: 474,406,118 SPUDS

10. Sex Coin (SXC)

SexCoin is a cryptocurrency developed specifically for the adult industry. According to their website, “The Sexcoin development team is committed to make a coin BY the adult entertainment industry FOR the adult industry. As such we work hard to meet its needs and demands.” People can use SXC to buy adult products.

Market Cap: $2,830,655

Circulation: 124,966,001 SXC

Total Supply: N/A

Watch the video: Bitcoin Documentary. Cryptocurrencies. Crypto Money. Blockchain Based Digital Currencies (May 2021).