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?
If they can compete as long as they are at the level, or close, as there may be a project that has enough community, good development and capitalization is increasing, in that case it should be listed in Level 1 Exchanges, to be able to compete, it is mostly taken into account the volume of capitalization if it is large. There are many projects that have been successful, because their developers and owners invest the money that is necessary for their currency to be recognized and not fall into the hands of Dump and Pump.