Mark Mason
Well-known member
If the Price Never Reaches the Moon, Will You Stick Around?
Years ago, most people in cryptocurrency expected Bitcoin to win out, with other projects supplementing or being absorbed. After the blocks filled up and the space diversified, fans of the various projects began to push for theirs to win out, and started to believe that theirs could be the one cryptocurrency to rule them all. Naturally, nearly all won’t be, and as the space becomes increasingly packed with newer and sexier projects, the odds of a coin remaining in the top 5, 10, 20, or even 50-100 become increasingly slim.
But how much does that matter? If your favorite coin goes down lower and lower on the market cap rankings, does that mean that it’s all over?
Read more - https://dashnews.org/if-the-price-never-reaches-the-moon-will-you-stick-around/
Years ago, most people in cryptocurrency expected Bitcoin to win out, with other projects supplementing or being absorbed. After the blocks filled up and the space diversified, fans of the various projects began to push for theirs to win out, and started to believe that theirs could be the one cryptocurrency to rule them all. Naturally, nearly all won’t be, and as the space becomes increasingly packed with newer and sexier projects, the odds of a coin remaining in the top 5, 10, 20, or even 50-100 become increasingly slim.
But how much does that matter? If your favorite coin goes down lower and lower on the market cap rankings, does that mean that it’s all over?
Read more - https://dashnews.org/if-the-price-never-reaches-the-moon-will-you-stick-around/