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?
Generally, the new project will have a difficult progress if it want to compete with the existing project.
But if there are some big companies support the new project, become partner with it, maybe it can compete.
In cryptocurrency, anything can be happening unexpectedly and there will be there new projects trying to competing with the existing one.