Speculative crypto’s become more sted fast? More adopted by more and more people all the time.
Tested throughout bear markets in their stability and popularity in adoption. Does the crypto pass the stress tests or does the volatility and competition cause the coin to fall into the shitcoin's category.
Those with the best project ideas with the best functionality wins. Most of the time although some meme coin have success just cos of the cool art that represents the coins. This will become less as NFT's become more wide spread and less scammy. Like verified NFT's to avoid copyright claim issues.
Dogecoin = simple functionality on top of that a neet meme. As everyone loves art.
Quantitative easing on the other markets that ain’t crypto. Inflation of fiat. Less spending power with fiat meaning it’s on its way out. Remember, they can just print more and more FIAT that only hold's the value they say and we accept it has. President Nixon took the dollar of the gold standard. So The global reserve FIAT currency is still in crisis and will be so for many years. Until it’s ultimate demise. During this time bitcoin becomes stronger and stronger as the cyberPunk designer’s and software programming engineers and creators intended it to.
So some projects ultimately. Actually shitcoin's. Not just the impression of. Those that actually prove themselves to be shitcoin’s and of no real use now or ever. As they go off the CoinMarketCap radar.
Every time the bear market is very bear sparks of innovation flourish in the minds of the crypto developers, to improve their functionalities on their blockchains, make enhancements. Fix vulnerabilities, make exclusive content. For Marketer offers that will bring interest again the seeds for the next bull run in crypto. Since this is the goal of every crypto program that is not failing. Since this is the case. Then this is the re-occuring pattern in the crypto market spaces.
Blockchain supposedly completely transparent and trackable but are all blockchains like Bitcoin are some encrypted number blockchains only revealable with the military grad decryption algorithm.
Arbitrage, Take a little from exchanging between crypto exchanges in the price difference.
Peace, love and joy.
Namasté
