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Since the creation of bitcoin in 2009, the number of new cryptocurrencies has expanded rapidly.[1]
The UK's Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size.[2]
^Cryptocurrencies: A Brief Thematic Review. Economics of Networks Journal. Social Science Research Network (SSRN). Date accessed August 28, 2017.
^"Crypto: The basics". FCA. February 9, 2023. Retrieved July 4, 2023.
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