From an All Time High(ATH) of $19,665.39 Bitcoin has now fallen to $3,398.68. That is a straight 82.78 % decline. If this is the condition of Bitcoin you can just imaging the plight of other Altcoins. Bear Markets are brutal. But they also give you enough time to learn about technology, separate good projects from scams and identify those rare gems.
Just to make sure that I don’t miss out on any good projects I started this process. Inspired by crypto summaries in four words or less that I saw around December 2017, a couple of months ago I started making short descriptions for the top 100 projects. Every once in a while I check the list. If there are any new entrants, then I check them out and add my notes. I have just formatted them and I am sharing it as a post. I keep track of these notes using a chrome extension we built called Highlights, if you are interested in getting the early access do register on http://learningpaths.io and we will keep you posted.
Top 100 Cryptocurrencies Explained in One Sentence
1. BTC
—Bitcoin
—Digital Gold, Gold 2.0.
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2. XRP
—XRP
—Enterprise Payment Settlement Network.
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3. ETH
—Ethereum
—Programmable Money, Smart Contracts.
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4. XLM
—Stellar
—Fast International Payments, Ripple-like.
5. USDT
—Tether
—1USD Peg, Backed?.
6. BCH
—Bitcoin Cash
—Bitcoin Clone. Bad PR.
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7. BSV
—Bitcoin SV
— Bitcoin Clone. Very Bad PR. CSW’s vision?
8. EOS
—EOS
—DAPP framework DPOS.
9. LTC
—Litecoin
—Fast popular Bitcoin clone.
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10. TRX
—TRON
—Blockchain-based entertainment content sharing platform.
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Source/More: Each of The Top 100 Cryptocurrencies Explained in One Sentence