Quote from: lxiaoh on Today at 07:21:14 AM

Quote from: adekogbe on May 04, 2021, 11:11:55 PM

I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)

But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses

So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community

If successful just means price pump，and i think i know the answer is.
It is Elon Musk's tweet, and this is not a joke, it is true. Reality is always more ironic than fiction.

Coming from the 2nd richest person in the world? It will really make a difference if he voiced out his support to a coin. I mean one tweet is all it takes for that coin to reach the high price. Now if several companies decided to support Bitcoin, ethereum and all the alts then that would spell the difference between an unknown coin, but technologically sound, and a coin in the top 100 of the list of cryptocurrencies. The more supporters a coin has the more momentum it will take for it to go higher.