Despite being so innovative, XCP has become victim to pump and dump
Pump and dump, with an average volume of less than 1000 XCP ? What are you talking about ? Don't use terms you don't understand. The parasite coin is just dying. Not because of lack of innovation or whatever, but just because of the lack of communication and exposure. Amazing devs, but only the 8 people on that thread know about it. This coin is going nowhere with the current direction. What is happening to the new website ? What about the 2 experts' audit ? Introduction video, and so on, and so on... DOGE is terrible, but it is everywhere, which is at the end of the day what matters, no matter how retarded / super cool this coin is.
I resent the term "parasite coin".
A parasite is an organism who feeds off another without providing anything in return.
I would like to think Counterparty has more of a symbiotic relationship with bitcoin.
I would argue that Counterparty provides more benefit to bitcoin than it gets in return.
Unfortunately it has some large barriers to entry that are not easily overcome.
The fact that it has no central lead or marketing drive behind it will also slow down adoption and rise in value.
But it is still the most promising coin out right now.
It is far above and beyond the rest of the market in terms of utility.