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
In my opinion the biggest two factors that make a crypto currency successful are market capitalisation and the trading fees. If the market is too small, or there are not enough investors and traders, than it is not likely that new investors are going to buy that coin. We want a coin that is being actively traded in larger sizes so we can buy and sell more easily. And the more trader there are the lower the bid/ask spread should be. As for fees, the more we trade a coin the more important it becomes that fees are not so high.