Crypto20 thoughts

[Evanston45]

I currently hold 5 of the top 20 crypto’s, but am fascinated by what crypto20 offers as far as diversification. What I’m not understanding is whether once it’s available on an exchange, will the price be reflective of how the top 20 are doing or will it just be dependent on the demand from customers (in which case it can be pumped/dumped without regard to the actual market). Any insight is appreciated!

[Evanston45]

Also, besides crypto20, are there any alternatives that currently exist?

[Cryptotradenz]

C20 are developing more of the same .... next one are more volatile caps rather than top 20 ..... I currently hold c20 and have been happy with the gains so far. For me this is a LONG LONG LONG hold.

[Evanston45]

But how will the price reflect the price of the top 20 coins if it’s value is determined by market demand? Example, if all coins go up, but everyone sells their crypto20, it’s price would fall this making it not reflective of the top 20 coins. Only way it makes sense is if we could sell the crypto20 on their site for the true value. Hope that makes sense

[Omarko]

I'd like to know the same, I am not clear on how this coin works and whats the correlation to performance of the top 20 cryptos vs pure demand that normaly drives price of the cryptos.

[jdbao]

I am learning about c20 and going to buy some, if you look at the chart, the prices of top 20 are stable and long-term upward. But I most coins of mine are not top 20, I think them may gain more benefit.

[Bytem3]

You should take a look at the 3rd generation blockchains like Aion that connects multiple blockchains together forming ecosystem (like a blockchain internet)