Hi everyone; as I'm sure you're all aware new projects continue to flood into the crypto space at a regular pace; (my newest favorite being GRIN and Nauticus) however I am wondering if these can compete with the established projects like BTC and BNB?
https://grin-tech.org/I feel like Grin is a much more fair playing ground than Bitcoin; with no premine and no ICO etc; and much stronger privacy (maybe better compared to monero?)
https://nauticus.exchange/Much like Binances BNB due to trade fee reduction; but with FIAT onramping and Securities incoming.
Can newer projects make big enough waves to usurp their much older larger brethren?
New project development is a sign of innovation and progress and it is somehow gives all the investors the protection from monopolization and manipulation. It encourages also to promote new and updated system and technology but those old projects that are considered pioneer are already proven that they had established their name with time and through its usage in crypto space.