You have said it all, though cryptocurrency started with Bitcoin, it has significantly moved past that level and it keeps on moving to the point that many coins and tokens have better purposes than Bitcoin itself which is a very welcome development in the crypto space. What is happening now is that cryptocurrencies are being linked with various projects in various facets of life and will continue like that with much competition against each other.

This will no doubt bring in more liquidity to the cryptocurrency space and even the field that links with it. It will happen to the point that when a crypto asset flourishes, the industry linked with it will flourish too. This can also help in reducing the effects of the freefall we experienced during the bearish season of cryptocurrency. At least if the industry linked to it is flourishing, it will reduce the negative effect on the particular coins/tokens. The same will happen during the bullish season as well, the coins/tokens could use their good time of liquidity to boost the stock of the industry involved.