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According to MarketsandMarkets, the market size for cryptocurrencies is projected to increase from USD 1.6 billion in 2021 to USD 2.2 billion in 2026, at a CAGR of 7.1%. Transparency, distributed ledger technology, and raised venture capital expenditures are some primary reasons driving industry expansion. With cryptocurrencies gaining popularity, it is essential to understand what they are and how to use and store them to invest in any of these blockchain-based coins.