Cryptocurrency: Which crypto is most likely to survive the price crash?
— Cryptocurrency, World, Likely, Cryptocurrencies, Crash, Valuations, Crypto, Survivors, Survive, Markets, Similar, Price, Market, Bitcoin — 1 min read
The mood in cryptocurrency markets is increasingly being compared to the craze for dotcom companies at the turn of the century. The overwhelming majority of the 1,385 coins currently available in the markets are unknown, but they are still being bid up to multi-billion dollar valuations. 90 percent of today's cryptocurrencies will not survive a market crash, according to a CoinDesk research director. Those who survive will have the upper hand in the game, boosting returns for early investors. No single currency has achieved or is even close to achieving mainstream acceptance, but even bitcoin suffers from scaling issues such as high transaction fees and slow networks. Source