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Despite these challenges, the cryptocurrency market continues to grow. New coins and tokens are being developed for specific purposes, such as decentralized finance (DeFi) and non-fungible tokens (NFTs). These innovations are expanding the use cases for cryptocurrencies beyond simple payments.
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As the cryptocurrency market evolves, it continues to face challenges such as scalability, security, and environmental impact. However, innovations in the space, such as layer-2 solutions and green mining initiatives, are addressing these issues. Whether cryptocurrency becomes a fully integrated part of the global financial system or remains a niche investment vehicle is still uncertain, but its influence on the future of finance is undeniable.
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