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Coins VS Tokens: What's the Difference? - 3-min cryptoThe biggest reason there are so many different cryptocurrencies is that there's practically no barrier to entry. Anyone who wants to create a cryptocurrency can. Why Are There So Many Cryptocurrencies? Most cryptocurrencies today are derived in some form or another from Bitcoin, which uses open-source code and a. Why are there so many kinds of cryptocurrency? It's important to remember that Bitcoin is different from cryptocurrency in general. While.