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Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: November 16, 2021, 09:23:16 PM »
I still spend most of my assets on quality old projects like Ethereum, EOS, IOTA, NEO, TRON. I still assume they have x100 potential in this bullrun.
Do you own old coins? Do you still believe in their future?
If you want to know my opinion, i am going to say you are right . Because still all of this coin under development and the owner of this coin every time keep working to increase the popularity , use case of this coins everytime . If you look to tron, Justin Sun working hard to have good market cap for every time . Even to increase to value or demand of tron , Justin Sun daily burning up to 8 million tron coin. Can you imagine this ?
On the other hand , the litecoin founder already sold all of this litecoin overs years ago and this lead the litecoin to be dead project because the owner has no responsibility anymore to boost this project .
Any projects that are successful in the cryptocurrency market are constantly evolving. If a coin stops developing and its developers are no longer looking for new ways to popularize it, it is almost doomed to gradual extinction. And the popularity of the coin gives it demand and this acts as an additional incentive for people to invest in it.