- Inspired by internet culture and memes - Built for community and hype
- Highly volatile with large or unlimited supply
- Pegged to real-world assets like USD - Designed to reduce price volatility
- Useful for trading, payments, and savings
- Give access to products or services in a blockchain ecosystem
- Often linked to the growth of a specific project
- Let holders vote on project decisions - Common in DAOs (Decentralized Autonomous Organizations)
- Voting power managed via smart contracts
- Focus on anonymous transactions and user privacy
- Hide sender, receiver, and transaction details