There are a few coins trading on the crypto market which have the potential to take the world by storm. I'd say coins with smart contract capabilities are the most successful as they experience an upsurge in price at a very fast pace. In my opinion, coins like Binance Coin (BNB), Solana, and even Shiba Inu are quite overrated while others like Flow (from Dapper Labs) and WAVES are underrated (especially when they're smart contract platforms like the ones previously mentioned). The market is all about hype these days, so any coin that's able to bring the attention of the masses (no matter if it's a "shitcoin") will experience new All-time-highs in price.
Which coin(s) do you think are underrated for 2021? Do you think 2022 will be a big year for altcoins? If not, why? Your input will be greatly appreciated. Thank you.
Which coin(s) do you think are underrated for 2021? Do you think 2022 will be a big year for altcoins? If not, why? Your input will be greatly appreciated. Thank you.
What you say is true but no coin, no matter how good the technology it offers is, will ever make it without a community. Best example is DOGE. Pretty poor technology, but lots of strong community. In addition to that it is also about timing and about larger investors backing a coin. Solana went so far because there are some very capable and probably rich people involved.
As you eventually put it: the markets are all about hype these days and people are jumping back and forth between different coins all the time. Will that ever change? I doubt it.