Top-15 coins summarised in 1 sentence. No, really.

in LeoFinance4 years ago

When I first entered the space I wanted to buy EVERYTHING. Every coin there was, especially in the top 50-100 was surrounded by so much hype that I hated myself if I bought one but not another. Now I'm slightly more experienced to know that overextending is suicide, however the hype didn't fade anywhere. So for the newbies this post aims to give you a very short overview of what each coin represents and for the battle-hardened vets this post will (hopefully) raise a couple smiles. Let's go from Top 1 to Top 15 as of July 8th 2021 (according to CMC).

(P.S. The post represents my personal (sarcastic) opinion that I think many relate to. #Not financial advice.)

  1. Bitcoin - that grandpa who slows down on an escalator forcing everyone behind him to slow down as well.
  1. Ethereum - the only "Ethereum killer" is Ethereum itself.
  1. Tether - yeah yeah, we all love these decentralized currency shenanigans... but we love dollar more.
  1. Binance Coin - crypto equivalent of when your coworker gets promoted to assistant vice-president because his dad runs the company.
  1. Cardano - any other project this slow would suffocate, but Charles Hoskinson is too big of a chad to let that happen.
  1. Ripple - one of the OGs of the space despite/thanks to being a hooker for banks and corporations.
  1. Dogecoin - I have no idea how it is still in the Top10 and neither do its creators.
  1. USD Coin - "we aren't criticised as much as Tether because we aren't as famous."
  1. Polkadot - with 6-10% inflation rates, if Dot would have a Central Bank, its governor would be lynched by the hodlers.
  1. Uniswap - the OG DEX whose purpose is to create more successful copies of itself with lower gas fees.
  1. Binance USD - when having a dad who runs the company just isn't enough.
  1. Solana - solving the unsolvable blockchain trilemma by removing decentralization and making it a solvable dilemma.
  1. Bitcoin Cash - the most successful Bitcoin rip-off so far.
  1. Litecoin - "our entire strategy is to be Bitcoin but for poor people."
  1. Chainlink - a DeFi titan best known for having one of the most toxic communities in the entire crypto-space.

I guess my point with this is that no project is perfect yet and the winners of the crypto race might have not even born. Every coin has its pros and cons, so do diligent research and don't let the mania consume you! ...Also look forward to Part 2 of this series :D

*The author could use a tip on his birthday: 0x23c7AB2f74acd8BBe2271CE45c9b254b1D63F152 (ETH address)
**Taken with permission from https://www.publish0x.com/comrade-reviews

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