Why is there so much interest in popular cryptocurrencies?

[Adigvcdh]

Why does the cryptocurrency world focus so much on highly capitalized projects, to the detriment of more promising and lesser-known ones?

Perhaps one reason is inertia - to stay with recognized, established projects instead of taking risks with young ideas. However, even with a low profile, projects like Cogitex, for example, can provide openness and transparency in their every action, which is often not enough in the world of cryptocurrencies.

Cogitex represents an innovative approach to artificial intelligence and space exploration, promising to break new ground. The question is how much the community is willing to pay attention to such projects, despite their current status.

What is more important to you in the world of cryptocurrencies - their prominence or their potential to make a real impact on the industry?

[Dunamisx]

Why does the cryptocurrency world focus so much on highly capitalized projects, to the detriment of more promising and lesser-known ones?

Have you ever wanted to buy a product and all you could do is to go for a reputable one that have record of past consistencies and trust, such that have an effective organizational structure and realizable plan, you wouldn't want to see something below standard and have interest in using such, this is just a simple application of the various cryptocurrencies we have, some projects are good some are not, but when we research, we know which to go for.

What is more important to you in the world of cryptocurrencies - their prominence or their potential to make a real impact on the industry?

I will go with their prominence, because they have a good intention of past record activities progress, .not by what they say, but what we can see in them.

[Wiwo]

Major reasons why the bigger established coins like Bitcoin have dominated and become a major propeller of the market is because they have already built a lot of market repetition reputations and also gained a lot of investor trust to become the long-term assets which have made it markets to be high value to very high and less volatile which make it becoming a long term asset.

On like the smaller projects that have no track record and are based on hypes this can be best taken for shirt terms speculations alone since most times their market depends solely on the market of the other bigger coins,  and that is the reason why sometimes you see that whenever there is Bitcoin bull market other smaller coins also follow the trend.

[Bitstar_coin]

Just the way people go for a popular none crypto brand. Anything product that became popular is because people agree with the product and give their support and it automatically becomes attractive to more people. If the product was bad it will not be popular and attractive to new investors.
The reason why in crypto long-term players will only recommend popular and trusted projects to new members. Nobody will recommend an unknown project in most cases.

[goaldigger]

Just the way people go for a popular none crypto brand. Anything product that became popular is because people agree with the product and give their support and it automatically becomes attractive to more people. If the product was bad it will not be popular and attractive to new investors.
The reason why in crypto long-term players will only recommend popular and trusted projects to new members. Nobody will recommend an unknown project in most cases.

The popular coins are more advisable compare to the new project or unknown project, its either because of hype or the project really deserve the recognition. Investing on a good project are more advisable though since not all popular coin are ok to buy, sometimes its also about your timing that can make you more profitable. Most of the popular cryptocurrency are already in the top list, you just have to choose the best and make profit out of it.

[decodx]

Why does the cryptocurrency world focus so much on highly capitalized projects, to the detriment of more promising and lesser-known ones?

Look, I don't think this is really about capitalization of the project.

It's more about what your project could actually accomplish and whether its sustainable and  do you really believe people are dumb enough to throw cash at something that seems gimmicky like that Cogitex shit? AI and space travel, huh? I bet you want to make robots and ship them off to Mars or something, right? C'mon even a kindergartner could probably come up with a better concept than that!

Stop underestimating people's intelligence!

[Jating]

Why does the cryptocurrency world focus so much on highly capitalized projects, to the detriment of more promising and lesser-known ones?

I guess they are already established in the first place and so people doesn't want to break anything, not that it's been broken. So altcoins in the top 10 could be a good investment for them.

Perhaps one reason is inertia - to stay with recognized, established projects instead of taking risks with young ideas. However, even with a low profile, projects like Cogitex, for example, can provide openness and transparency in their every action, which is often not enough in the world of cryptocurrencies.

Cogitex represents an innovative approach to artificial intelligence and space exploration, promising to break new ground. The question is how much the community is willing to pay attention to such projects, despite their current status.

Don't get me wrong here, it's obvious that you are shilling for this project, it might affect them negatively and backfire as investors might see this kind of shilling very negative to be honest. If the project is what you say it is, then investors are going to flock and invest their money. But if this is just a way to shill and then they found out that this project has nothing to offer, no innovative approach, then they won't even put a sat on it, just saying.

What is more important to you in the world of cryptocurrencies - their prominence or their potential to make a real impact on the industry?

Doesn't matter though, again if you think that your project can make an impact because it is unique then it will be known to crypto industry. But if it is just like a copy cat of previous project, definitely we will go with the original one, just saying.

It has to be unique like Bitcoin or Ethereum or any other projects in the altcoin crypto sphere.

[Samlucky O]

Why does the cryptocurrency world focus so much on highly capitalized projects, to the detriment of more promising and lesser-known ones?

Yeah definitely no body will spend money on inrelivant things. The primary motive of every investor is to make profit. No body love to invest where he or she Will loose

Bitcoin has proven against all odds that it's worthy of investment. Judging from market cap,total in supply, scarcity market dominance and 4 years for each halving. So there is always a promising future in bitcoin. So it has all what needs to be invested on. Morover bitcoin has what other altcoin don't have or probably vise versa.

[Wexnident]

~

I mean, you already said the reason? Popularity = interest. Interest in the first place stems from the inherent capability of a project to be, well, interesting. It doesn't really matter most of the time how, it just has to be interesting. Popularity then just snowballs into it. The more interest you have, the more popular you are and said popularity, once grown to a big enough amount, just grows and snowballs by itself.

And the market isn't really anything about "impactful" really, it's mostly which projects can stand out the most. Investors then invest, no matter how bad the project is. The important thing is they can make money off of it. It's not like investors are only long-term ones, a lot of others just buy the coin for a day, sell the next. A perfect example is meme coins.

[Publictalk792]

In the world of cryptocurrencies big projects get a lot of attention because they have a lot of money. These projects have much stability which attracts investors and users. But there are some small projects too which starts with low but with the passage of time them become worthy.

People remain stable on well known projects we should think about the transparency that projects like Cogitex have or bring.
When we think about how important cryptocurrencies are we need to find a balance between how well known they are and how they are impacting or can impact. Established projects may be more famous but thing is that how they are performing and which idea they are establishing in cryptocurrency world.By paying attention to promising but less known projects like Cogitex we can  make positive changes in the cryptocurrency world.

[cryptoaddictchie]

Why does the cryptocurrency world focus so much on highly capitalized projects, to the detriment of more promising and lesser-known ones?

Because of risk ratio. Yes they prefer a legit one or more bigger names on crypto if they wanna shelter out big funds like bitcoin and eth and many more. If you are big investors youll dwell with lots of factor and they want to eliminate potential risk to other coins which could be a scam or what. Perhaps some really wanted or enjoy benefitting new projects but its up to someone decision as always.

[Wahyuihib]

COGITEX is a project that also has better development plans.  But how can users believe in this project, when if you look at the official Telegram channel it is only occupied by a few people.  Therefore, it is not easy to create a project that is truly in accordance with the wishes of the community.  because we need funds and a solid team to achieve this goal

[libert19]

There are more talked about (it's circle — if you become popular, popularity feeds itself), they have more presence, they can get more known through word of mouth (I tell my friend why he should stick with Bitcoin), if you check coin tracking sites they are first to appear (what you see gets etched in your mind), they have partnerships with other known projects so they get bit of promotion here as well.

Regarding your comparison with lesser known ones, even popular ones of today were lesser known ones in past. It's only fair.

Perhaps one reason is inertia - to stay with recognized, established projects instead of taking risks with young ideas.

It's not inertia c'mon, it's risk appetite. Those who have risk appetite they gamble their funds with lesser known cryptos, others stick with popular ones. Risking with lesser known ones gives huge profits when it works out, otherwise you just lose your funds  

[electronicash]

because the new coins means long roadmap to cover. theyre risky too and if the new project worked, the investors can still invest anyway. with the popular projects, they can be sure it will have a good price and less time waiting.

in a sense, a project that has use case to make the industry grow will be ideal investment but investors losing money isnt ideal.

new projects launching in the bull market will be good though. sure it will be attract investors with BTC to spare.

[Husires]

Investors are looking for profit in price in a short time instead of gaining value in a long time, so they bet on any currency that pumps significantly, and since cryptocurrencies are ranked in importance according to market capacity, manipulating supply and demand means that you may create billions of market capacity in a short time in the millions. Dollars.
Therefore, you find investors more interested in the offer and its consequences of distributions for burning what the developers own than the developers and the future vision of the project.

[SaepulMT]

Many cryptocurrency users will choose good and safe coins, it is not surprising to me that people will spend their money to invest in good projects. And many people before investing in a project will look at the website, whitepiper, the project team and so on. Only people are careless if they invest in a project that is haphazard.

[Best-mary]

Why does the cryptocurrency world focus so much on highly capitalized projects, to the detriment of more promising and lesser-known ones?

Have you ever wanted to buy a product and all you could do is to go for a reputable one that have record of past consistencies and trust, such that have an effective organizational structure and realizable plan, you wouldn't want to see something below standard and have interest in using such, this is just a simple application of the various cryptocurrencies we have, some projects are good some are not, but when we research, we know which to go for.

What is more important to you in the world of cryptocurrencies - their prominence or their potential to make a real impact on the industry?

I will go with their prominence, because they have a good intention of past record activities progress, .not by what they say, but by what we can see in them.

You won't want to see something below standard! I like that statement and that's more reason we are always told to do research on these coins, check their road map and the type of community they keep.

This reminds me of SOL over and over again. After its massive fall from that FUD down to $8. Sol has a great community that supports it primed with the team, they keep building regardless of the situation. Now look at them trading well like there was never a problem and currently ready to give to its society by airdropping various wallets

[petulino]

What is more important to you in the world of cryptocurrencies - their prominence or their potential to make a real impact on the industry?

The capacity of cryptocurrencies to really affect different businesses is what gives them their genuine worth. Enhancing transparency, promoting financial inclusion, enabling quicker and less expensive cross-border transactions, and offering financial services to the unbanked are some examples of this influence. Supply chain management, healthcare, and other industries might undergo radical changes thanks to technologies like blockchain, which is the foundation of many cryptocurrencies.

[btc78]

we’re dealing with money here i can’t afford to just throw away money in new and promising projects just for it to fail although it will generate huge profit i just can’t do it right now this applies to everything people tend to gravitate towards names that has been fool-proofed and is well-respected

maybe some time in the future i am able to spot a young and promising project that i will able to nurture and watch grow

[Silberman]

Why does the cryptocurrency world focus so much on highly capitalized projects, to the detriment of more promising and lesser-known ones?

Perhaps one reason is inertia - to stay with recognized, established projects instead of taking risks with young ideas. However, even with a low profile, projects like Cogitex, for example, can provide openness and transparency in their every action, which is often not enough in the world of cryptocurrencies.

Cogitex represents an innovative approach to artificial intelligence and space exploration, promising to break new ground. The question is how much the community is willing to pay attention to such projects, despite their current status.

What is more important to you in the world of cryptocurrencies - their prominence or their potential to make a real impact on the industry?

You got it completely backwards, if there was as much focus on the best coins in the market as you claim we will not have the thousands of coins that we have on the market already, and meme coins and NFTs will get no attention at all, but what we see is the opposite, so there is a lot of people out there that are trying to invest early on all kind of projects trying to make it big and obtain massive profits as a result of investing early in a project with a low market cap.