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10x Is Certain! Why I'm Loading Up MASSIVELY on These Cryptocurrencies Before April - Raoul PalCryptocurrencies - also known as digital currencies or virtual currencies - are a form of digital money. They allow payments to be made electronically and. Cryptocurrencies are digital tokens. They are a type of digital currency that allows people to make payments directly to each other through an online system. However, some people consider altcoins to be all cryptocurrencies other than Bitcoin and Ethereum (ETH) because most cryptocurrencies are forked from one of the two.