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?
Of course, promising projects and their coins or tokens will be able to successfully compete with already known ones. Only for this they need some time to declare themselves, to show their usefulness and advantage over other types of cryptocurrencies. Over time, market participants will in any case appreciate the advantages of new cryptocurrencies and their popularity will grow. An example of this is the EOS coin, which almost immediately began to grow in popularity, since everyone saw its advantages over ethereum.