There are many cryptos of the same name in the cryptocurrency market.
An investor or trader can also get confused while searching for or using a particular crypto around this name.
Yesterday, while searching for a crypto $SUPER, I found three cryptos with this name that were available in the market, I checked thoroughly to avoid confusion and identified the correct crypto.
This is not the first time, there has been a problem of testing multiple cryptos because of the same name many times in the past. Like $TIME, $GAME, $HOT etc.
This checking process wastes time, having one name makes cryptocurrencies a sure shitcoin to each other.N
Nevertheless, this situation provides an opportunity to an individual to invest wisely and investigate in order to choose the right crypto.