The process of creating a stock and a cryptocurrency are quite different, so even if this thesis works in stocks, it may not in cryptocurrency. Stocks are created from existing businesses which want to raise funds, there are legal processes and they need to have a working product. Cryptocurrencies can be created by literally anyone with coding skills, without any product behind it or legal barrier to ensure it's not a scam. If you were to randomly pick out a cryptocurrency from a tracking website, you would more times than not select one with no utility; losing out in the long run.