What really makes a cryptocurrency successful

[CaVO32]

Their usecase in the blockchain technology is what really makes a crypto successful. There are many cryptos now that shows a lot of potential in the future because their project solves some problems that blockchain tech lacks. The team also behind that project are very active updating about their progress and future plans. They always engage to some events like hackaton to make their project become more popular. They do partnerships with some popular companies or other crypto projects to improve the usecase of their cryptocurrency.

Actual use case and how they influence their chosen industry is very important in knowing if the project will be successful long term or not. Because if it will rely only on traders, this will not last long. So they should have active use case in the industry and the team is continuously innovating their platform, in order to adapt new changes in the environment. Some projects have very noble concept but they failed in actual implementation. Actual implementation is really important for the project to survive. And of course, the users should also be happy and satisfied with their services. Or at least, they are open in improving their services.

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[Meta anggraini]

I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)

But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses

So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community

For me,

1. Marketing (from Community and Core, ultimate point if its from influencer)
2. Product (Whitepaper, Roadmap, Fundamentals, etc)
3. Team

Its 3 key usually which lead a successful coin survive on the market. But investing on small project usually have no good marketing and its a gamble.

[tabas]

Most of the projects that survived the crypto winter had a solid working product underneath.

Solid in every aspect that they have. The team works continuously and what they've put in the roadmap, they're following it.

In my opinion, success depends primarily on whether there is a real business and a real use of the token under the project, otherwise, during a bearish trend, the price of the coin may fall below its selling price.

The use case is a thing that most projects don't have. They need to have a platform for it to be useful and for their users to benefit from it.

[budi12]

I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)

But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses

So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community

in fact, many factors make a project successful. and in my opinion the success of a project is due to the trust of the crypto community. so that the community members raise and promote the project until it is known by many communities so that the project becomes popular among crypto users. because a project cannot possibly be a big success without the trust of the crypto community.

[so98nn]

That's why the dependency on superficial facts is always dangerous in the world of crypto.
There is no way to judge how the person is who sits behind the screen and coding a junk project or master-piece of the era. The only way to know is go through the whitepaper, understand the technical terms with the help of other colleagues who are into IT field.
Always hover around the GitHub because that is the best place to understand the current development of project and also one can track easily if the project is active or dead or copied one. Long gone those days when we used to talk about the team is active, roadmap looks good and stuff. But now, it's all about the performance and reality of the product along with it's application. 

[Pelana vreo]

I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)

But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses

So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community

There are many copy paste projects and we can see if they were created because of the Hype.
As in the current trend of the crypto market, some altcoins come with the same idea, but some other projects have different ideas with a few additional ideas and technologies that the previous project didn't have, it's hard to predict the new project will be successful or not, because no one knows what will happen in the future, it's all up to the development team and community members.

[guydin]

I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)

But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses

So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community

You are right that innovative ideas and a good team are not always a clue for success, nevertheless, it is also important. But in addition to this, we should pay attention to the situation in general: the price of Bitcoin, trends on the market, and marketing campaigns. As the better advertisement is, the more people are aware of this project, therefore, a lot of investors. Also we should learn tokenomics.