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Topic: Only the strongest will survive the great altcoin purge - page 2. (Read 612 times)

jr. member
Activity: 112
Merit: 2
In fact, the crypto market has been in constant purge, and from the beginning have emerged and disappeared endless projects without any transcendence for the crypto-universe. And this purge has shown the resilience and adaptability of projects that despite their long life and apparent simplicity have managed to survive an increasingly demanding and sophisticated market, so I think those altcoins that have stood the test of time as Litecoin and even Doge, will continue to enjoy great popularity within 5, 10 or 20 years.
full member
Activity: 559
Merit: 102
Amongst the projects you mentioned, VET will be my best pick . Recently Cupids Farm Milk produced by Bright Food which is a Vechain Thor Blockchain solution went live. This is a remarkable real world application and not advanced whitepaper or illusion. I'm strongly in support of any project which fosters adoption of crypto and blood mainstream by enacting solutions to curb real life pains.
hero member
Activity: 784
Merit: 500
which project are you most confident with and why? WABI? VET? TNB?
Instead of all the mentioned coins put your money in the ETH and Ripple projects. I am sure one day you will regret why you didn't invest all the investment amount to the strongest projects.
legendary
Activity: 2226
Merit: 1086
Free Bitcoins Every Hour!
If we are talking about the strongest altcoin, Ethereum becomes the best one. I still keep my trust in this altcoin to be the great one. However, if we are talking about the new project coming, I must analyze them first.
It is actually true that only the strongest that will really survive (moreover to face this market situation). About the three projects that you offer, actually, I don't really know about them that much. But, I think that the great project that will survive should be the one that has a certain real product with promising future investment.
member
Activity: 854
Merit: 21
The reality of the cryptocurrency market is that most of the altcoins have no value, use case, utility, demand and a large chunk of them will most certainly fail.
With the next bull run which will not be a result of hype but real implementation a lot of altcoins will be purged out and only the undisputed good ones will survive.
The top cryptocurrencies like NEO, XLM, EOS, XRP etc will survive this in my opinion.
sr. member
Activity: 1848
Merit: 298
Buzz App - Spin wheel, farm rewards
which project are you most confident with and why? WABI? VET? TNB?

VET has gone through many rise and falls and has been tested into different fields. Though their initial market was not a success, they adopted themselves to the new environment and kept on progressing. Now they are one of the prominent tokens and a safe bet for investment.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
It is very good that cleaning occurs.  Maybe it is she who will help us in clearing the market of fraudsters.  I think that's great.  We need only strong coins that will be productive.

I think the market will make their selection to choose the strong coins to survive and continue their projects. The other coins which cannot survive will be delisted and never go up again. The stronger coins will give a chance for us to enjoy the profits that we might get later and the coins can make a new higher price again. But as usual, we need to analyze or searching the right coins that will become the stronger coins in the future.
full member
Activity: 672
Merit: 100
The altcoins that have real life use case are the ones that will survive the altcoin purge. As regards your choice of coin such as VET WABI and TNB, I don't think am confident of the future of any of those Cryptos. Apart from those ones, I am confident of Cryptos like BNB, EOS, TRON and OMG.
full member
Activity: 1820
Merit: 107
which project are you most confident with and why? WABI? VET? TNB?
You just pick your choices! but i believe lots of crypto currency that has true use case and utilization will survive. actually i have already pick one its Credits Blockchain and GXChain and lots of others that already exist. will we are just speculating here. honestly we dontt know what happens  next. so we better whats out!
sr. member
Activity: 1176
Merit: 301
It would always be the crypto that is on the top list on CMC.
There is no doubt that they would always be the strongest and always be with us .
I don't really believe in those new coins nowadays they are just being dump by their investors or the owner.
full member
Activity: 546
Merit: 100
For me I will go to bitcoin and eth because those project is on the top. From so many years they stay alive and on top. And still on going to triumph of the crypto chart so I am confident to invest and to hold it. Aside from that so many merchant are now accepting bitcoin so it is a better advantage.
sr. member
Activity: 644
Merit: 250
It is very good that cleaning occurs.  Maybe it is she who will help us in clearing the market of fraudsters.  I think that's great.  We need only strong coins that will be productive.
hero member
Activity: 2086
Merit: 994
Cats on Mars
The purge is real, I'm holding some really junk altcoins that are almost completely dead.  Next to no volume and only a few lower tier exchanges. 
Those coins that you're holding with almost no value, what if they're not part of a purge, and instead, they're simply following market dynamics? If there's no demand, the coin will most likely go down in value and major exchanges won't waste time and resources in keeping them on their platform.

To me, an 'altcoin purge' would mean exchanges starting a wave of delisting shitcoins. For instance, this is what a real purge looks like: https://www.binance.com/en/support/articles/360023570292

IMO a purge needs to have a purpose, the market going up and shitcoins going down wouldn't actually be a purge since the market isn't going up strictly to get rid of shitcoins, those shitcoins will follow market dynamics. But if a shitcoin gets delisted in several exchanges for X or Y reason, now that I would call an altcoin purge.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
which project are you most confident with and why? WABI? VET? TNB?

The altcoins you mentioned, do not have enough potential to drive the cryptocurrency and blockchain industry, not a few of them are victims of market manipulation organized by certain institutions.
Haven't heard anything about this projects, for me I will  stay with top 10 coins that will deliver good outcome, project that provide enhancements
and helps the industry, the value will increase if the tokens will be supported and  hold by most investors.
sr. member
Activity: 952
Merit: 308
Not of all three, I am more confident about coins that have certainty such as XRP, ADA, BCH, ETH in my opinion that is the best. Or you can choose from some of the top 10 cmcs, it can still be relied on from unclear coins.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
which project are you most confident with and why?
Knowing that most of our coins are influenced by speculation, I really don't feel confident about most of our coins but i will choose to support the likes of bitcoin,ethereum, ether classic, doge and many others.

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WABI? VET? TNB?
Not to sound like some crypto coin collector or anything in these lines, never heard of these altcoins.
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
The bear market beat down the values of all coins, the good and the bad. Now that we have entered a bull market phase it is easier to see the ones that won't have a future. They are the ones that are still trading at their lows. The reason they have not risen in value like most of the top coins is that no one sees any value in purchasing them. If no one wants to own them then they are effectively finished.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
Top 5 in coinmarketcap are the projects that I saw have the potential to stay stronger to what they are right now. I have big confident that they can survive even after many years knowing that crypto currencies are starting to be adopted by more countries than before. 

They are the safest project right now that we can rely on with our investments. You can just buy them and if you like long term investment, you can try to hold them for at least 2 - 5 years and test whether they are the right choice or not.
hero member
Activity: 1120
Merit: 554
The purge is real, I'm holding some really junk altcoins that are almost completely dead.  Next to no volume and only a few lower tier exchanges.  Oh well, I knew the risk gambling on these type of coins and it wasn't an amount of money that I will miss.
member
Activity: 560
Merit: 16
I believe to the altcoins who have a great supporter and quality team and supporters, because they are the reason why they still existing Cheesy
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