Post
Topic
Board Altcoin Discussion
Re: Top altcoin that you won't buy anymore
by
someone703
on 26/08/2023, 09:05:50 UTC
I also quite like Cosmos, and fully believe it will take a big place in the next bull cycle. There's actually a lot of positive and negative news surrounding any given altcoin, but what I'm quite interested in is the vision the project has and how they approach the market over the different phases. It is also not too surprising that in the next cycle the accompanying hype can push the price of Cosmos above the 100B cap, compared to the current inertia from a number of new ecosystems L1, L2,... which is important. We care a lot, but of course in the long run we all have the elements of patience to get to the goal we're talking about.
Yes, Cosmos is an interesting ecosystem, but it also has a lot of projects that seemed interesting at an early stage, but later somehow stopped development for one reason or another. Do other ecosystems have such shortcomings? I think there are enough problems in each of them, but I believe that Cosmos and other top blockchains with projects will show growth in the bull market.
I know that in order for an ecosystem to grow, they also have to meet a lot of unsuccessful projects, look at the position of ETH, BNB, Matic,... they are all very successful in this market, but there are also a lot of shoddy projects and hacks happening. So look at Comos as one of the early speculative projects in this market, as I mentioned about people's interest and ease of navigation towards altcoins or trends, and Comos is one of the familiar names so there are many possibilities for their growth in the future.