Why is there so much interest in popular cryptocurrencies?

[tjtonmoy]

Longevity, trust, amount of profit you can make, reputation etc is the main key point for a project to become successful. When people are choosing something in the crypto market, they always look for those. You cannot trust something that has popped up yesterday and has no record or history of any kind. You can never decide or be sure what the future holds for this kind of project. People will most likely lean towards those who have been in the industry for a long time. Even if the profit margin is low, if the longevity is there, they can make sure that the profit will be more in the long run.

No risk no gain. It is true but there aren't many people who will be willing to take that risk. Even if the project is underdog, it takes time to become one. Show me proof and history that it has the potential to grow in the future and maybe, maybe then I will consider choosing it. But the probability will still stay low.

[MFahad]

I believe because on new projects, even if promising, there is the uncertainty of a possible profit, whereas with a project that has large trading volumes on the exchanges it is easier to trade

For the fact that many of the popular crypto projects are being in the market for long and they can not easy crash like that just like many new projects we have seen that has no good management team that could work hard enough to send the project to the moon.
So many factors we need to be considering when we are investing in cryptocurrency and we should not only look out for old project but also new projects that would give us a maximum profit and increase our taste for similar projects.

Relying only on old project is worst thinking. All projects which are know old tokens was new projects at the start and people start investing from the beginning and now their profit is very high as compared to those who thinking that investing today will give them any profit. Why not despite relying on old project just do well research on nee projects and check their partnerships , backups, tokenomics and roadmap. The new listed project Ace,Arb,OP and Myria could bring more profit as the new crypto trend demanding such kind of project to be active in crypto space. We should always look for opportunity.

[cryptonewbie]

The difference is in terms of stability. Most popular capitalized projects already have a solid foundation and backing by many players in the crypto industry. Some even have other projects built using their blockchain. It's not difficult to see why most investors would rather put their money in popular crypto coins than the newer altcoins. During the bear market when the prices of these capitalized coins go down, the investors are always confident that when the bull run comes back, the price will go back up and possibly attain a new all time high. Same cannot be said for new coins as the risks are many and most of them do not get back up when the prices are up after a bear market.

[disconnectme]

The reason why there is so much interest in popular cryptocurrencies is because they have been tested and trusted and you know they won't rug you, most of these new tokens you don't know them, especially their developers because most of them are anonymous, so the risk of them scamming you is huge, but a project that has delivered part of its roadmap, you know the technical capacity of the team and if they will deliver or not

[electronicash]

The reason why there is so much interest in popular cryptocurrencies is because they have been tested and trusted and you know they won't rug you, most of these new tokens you don't know them, especially their developers because most of them are anonymous, so the risk of them scamming you is huge, but a project that has delivered part of its roadmap, you know the technical capacity of the team and if they will deliver or not

even the governments today are interested in BTC but along with it is also the USDT. these two belong together if you are up to accumulating BTC. and the maxis are also going only for BTC. but if you compare it to the altcoins where you can own billions of them, you can make more money out of those memecoins than just sticking to only BTC.

it's risky but it's worth it if you invested the first. SHIB for example if you have invested in it from its lowest price in mid-2023, you could have multiplied 2x already. i think it was less risky since Shib is popular too. the ones not popular such as above 100 of CMC, you may not want to get involved with.

[shinratensei_]

The difference is in terms of stability. Most popular capitalized projects already have a solid foundation and backing by many players in the crypto industry. Some even have other projects built using their blockchain. It's not difficult to see why most investors would rather put their money in popular crypto coins than the newer altcoins. During the bear market when the prices of these capitalized coins go down, the investors are always confident that when the bull run comes back, the price will go back up and possibly attain a new all time high. Same cannot be said for new coins as the risks are many and most of them do not get back up when the prices are up after a bear market.

new coin is always high risk high return, popular coin is always honestly good for investment because if it dumps we almost always know the fact that it will just recover back and thats it.
moreover the trading volume good for people with big money to make some move, so its not very obvious that it disturb the market. moreover they also have volatility thats more or less the same as the newer coin anyway aside from if compared with new coin initial listing which gonna have so high volatility it might go up ten thousand percent or go down ten thousand percent.
so I guess thats why popular coin seem like having so much interest because there are many people with big money are interested in taking advantage of the volatility of these coin.
even with the fact that institutional investors are trying hard to invest some of their assets diversifying into some of the cryptocurrency popular coin its no wonder that these coin are so sought after.
not to mention with the presence of popular way of staking coin for long term like for example is ethereum.

[uneng]

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

Real impact on the industry is always the most important factor when choosing a cryptocurrency to adopt. Prominence is much more related to a temporary hype or popularity which may end at anytime, while real impact is something which is going to last for longer and hardly ever will be replaced by another crypto. However, it's hard to find real impacting projects in crypto industry. Most of the projects are useless and have as exclusive goal pumps relied on hype, so they can lure greedy investors to invest on them, generating profit for developers.

Very few projects are useful and have a real impact. I guess we wouldn't need more than a dozen of cryptocurrencies if we compare themselves with each other analyzing the unique aspects of each of them. Actually, one of the few usages we have for cryptocurrencies in general is to replace Bitcoin on transactions in times like the one we are facing right now, with BTC fees going to the moon... But in a normal scenario, Bitcoin takes care of most needs crypto enthusiasts have, without any issues.

[AnonBitCoiner]

People wants to buy higher capitalised project because they have the ability to give a gurnateed profit like that of bitcoin which goes better as the time passes. From past most of the people become wealthy with the help of bitcoin therefore they make a stable basepoint due which people are still considering it as a better asset than others.

I think cryptocurrency is known due to the popular coin like Bitcoin and people are preferring it for long term investment but those who are not higher in capabilization are choose for trading with the hope that they will bring good results. Etheruem and bitcoin both are at the top of the list so if someone wants to diversify their portfolio then they should must choose these two also as without these two one can profit but will be less and will contain more risk.

[Makus]

Actually the interest of investors nowadays are deviating from popular cryptocurrency, we have most investors now buying meme coins because they are expecting 10x or 5x increase, they think some of the popular coins are too expensive to buy just like Bitcoin. Yeah indeed they are expensive but that is just a sign that they have good future, Bitcoin is the most trusted cryptocurrency and I expect even more investors to buy fo their own good, above all coin it is the only coin I'm holding, even if the coin is more of long term investment I like it that way. 

[Kelward]

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.

Established crypto coins guarantees peace of mind, where the investors are not worried whether the coins will see another light of day, because they're sure that no matter how the market trends, whether price pump or dump that they're money remains safe. A cryptocurrency like Bitcoin follows a pertern that's quite predictable, bear run is a time to sow and bull run is a time to reap, if an investor can predict this circle and wait for the right season they'll harvest bountifully. Bitcoin and top altcoins like Ethereum, will surely give their investors profitable ROI.

This can not be said about new projects, they all come with hypes, giving promises of bountiful harvest, but in the end many of them comes short of these promises, so buying them is gambling your funds, and be ready to accept whatever outcome that they bring. There are credible ones, but in the midst of shitcoins, it is not to easy to know a genuine altcoins.

[Furious 7]

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

Pretty good promotion my friend at least you have a pretty good marketing strategy
But in the end it's like this if we analogize why everyone prefers projects with progress or indeed big ones.
When we are faced with several e-commerce sites where there are large sites such as Amazon or eBay and given the choice where there is a new e-commerce that is not clear beforehand about what they are doing even though the scheme is the same as eBay or Amazon but they just released that don't know where it came from then what will you choose to do shopping? do try new e-commerce with the risk of goods received still unclear whether it is recommended or not or choose a sure thing?
The same goes for investing. We know that currently large-scale projects such as bitcoin or maybe some altcoins such as ETH are loved by many, suddenly a new project appears that is not too clear whether it is good or not because there is no previous track record, so the choice is definitely in bitcoin and ETH for altcoins because even though it is risky, their guarantee is greater than with new projects.
It's not wrong to try new projects that grow just to feel whether it's worth it or not but it's just like gambling where we just put our faith without knowing what will happen afterwards whether it will be profitable or not because we are just like betting there.
To hell with the research done because in the end we know new projects especially for shitcoin will only have the same scheme to pump and dump very quickly.

[lalabotax]

People wants to buy higher capitalised project because they have the ability to give a gurnateed profit like that of bitcoin which goes better as the time passes. From past most of the people become wealthy with the help of bitcoin therefore they make a stable basepoint due which people are still considering it as a better asset than others.

This is a very valid reason Simply put, of course most people enter the world of crypto space because they are interested in the benefits they might get. Not only for investors but for all parties involved in crypto projects. Whether they are developers and teams, promotion participants, investors, traders, and so on. Because they do it with the main goal, of course they want to make a profit, which of course ends in money, whether just income, passive income, wealth or success. And because of that, we are motivated to understand and contribute directly to it.

[rhomelmabini]

Actually the interest of investors nowadays are deviating from popular cryptocurrency, we have most investors now buying meme coins because they are expecting 10x or 5x increase, they think some of the popular coins are too expensive to buy just like Bitcoin. Yeah indeed they are expensive but that is just a sign that they have good future, Bitcoin is the most trusted cryptocurrency and I expect even more investors to buy fo their own good, above all coin it is the only coin I'm holding, even if the coin is more of long term investment I like it that way. 

They are getting hyped because someone did millions but as you say it's deviating and most likely if they hop onto a new meme project it's either they'll make less or it will get rugged. Little did they know that they can make profit on those liquid proof cryptocurrencies if they are just willing to wait and hold it long term. Even the top 100 coins can make some profit if bull run really is here.

[Bushdark]

People wants to buy higher capitalised project because they have the ability to give a gurnateed profit like that of bitcoin which goes better as the time passes. From past most of the people become wealthy with the help of bitcoin therefore they make a stable basepoint due which people are still considering it as a better asset than others.

This is a very valid reason Simply put, of course most people enter the world of crypto space because they are interested in the benefits they might get. Not only for investors but for all parties involved in crypto projects. Whether they are developers and teams, promotion participants, investors, traders, and so on. Because they do it with the main goal, of course they want to make a profit, which of course ends in money, whether just income, passive income, wealth or success. And because of that, we are motivated to understand and contribute directly to it.

Many investors still believe that many of these cryptocurrency projects especially the popular ones are highly suitable for investment.
This is not so because there are many popular projects that might not give us the kind of profits we are looking for just like investing in new projects that still have high liquidity and momentum. We need to be looking out for projects that would bring us profits than having the mindset investing in old cryptocurrency projects.

[Zigabel]

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?

Reputation is one thing that can't be over looked when it come to picking coins to invest with because this will have a lot to do with how profitable you will be in the crypto market, this is one of the reasons most persons will prefer highly capitalized project because they have lesser chances of collapsing anytime soon ,tho some other may appear promising but because they are yet to get that recognition and capitalization which would have been the confidence upon which some persons would want to invest in Bitcoin.

Personally what's more important to me when looking out for a coin to invest in, is their prominence over the years because that has a correlation with their capitalization which will guarantee some level of confidence in the potentials embedded in such project.

[Rampagoe004]

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 answer is trust. If you were offered to invest in a company that is already known to many people and a company that is still building its business but they promise extraordinary potential, which one would you choose? You are right in saying that people should also pay attention to small projects but the problem is can you guarantee that they will not cheat you? That's why when talking about investment, ordinary people will be more interested in large projects and as for small projects, there may be some people who are experts and understand the crypto sector and then invest there.

[oktana]

To me it isn’t about their popularity. I do not invest in something I do now know or do not like how it operates. I’d rather sit with something that i believe will make an impact than blindly investing in something based on people’s belief. Newbies are mostly the ones who jump on projects because of how popular or how much they’ve heard the name, but even at that, they may sometimes be lucky because good projects also have big names. For me when I hear a name I don’t know and everyone is talking about it, I dig in to know what it is about and not just joining the train because everyone is in it.

[Belarge]

Actually the interest of investors nowadays are deviating from popular cryptocurrency, we have most investors now buying meme coins because they are expecting 10x or 5x increase, they think some of the popular coins are too expensive to buy just like Bitcoin. Yeah indeed they are expensive but that is just a sign that they have good future, Bitcoin is the most trusted cryptocurrency and I expect even more investors to buy fo their own good, above all coin it is the only coin I'm holding, even if the coin is more of long term investment I like it that way. 

Trusting these projects, is certainly not my plan, don't forget that even the most trustable projects end up failing every holders of the coin, for instance what happen to Luna, many investors lost their funds and couldn't breath well in the system. Bitcoins comes first in the list of cryptocurrency enlisted in the system, there's no other better way than receiving significant profits in the system. Crypto investors will always swing to the projects that's trending and forming the top bull candles this season. We have acknowledged how these things worked and I must say, we just have to be more careful when selecting projects, rather we should dwell on key projects and ensure to secure good winnings in the system.

[Makus]

Trusting these projects, is certainly not my plan, don't forget that even the most trustable projects end up failing every holders of the coin, for instance what happen to Luna, many investors lost their funds and couldn't breath well in the system. Bitcoins comes first in the list of cryptocurrency enlisted in the system, there's no other better way than receiving significant profits in the system. Crypto investors will always swing to the projects that's trending and forming the top bull candles this season. We have acknowledged how these things worked and I must say, we just have to be more careful when selecting projects, rather we should dwell on key projects and ensure to secure good winnings in the system.

I quick correction Mr Belarge, the most trusted project isn't an altcoin, and can never be an altcoin so long as Bitcoin stands. Bitcoin is the most trusted project in the crypto network, believe it or not, that's the fact. Altcoin are bound to dreaded because, no matter how many trust they've been able to get, I don't consider them worthy of my trust. And that is the more reason why I don't do altcoins. Any altcoin could crash at any given time and the crypto network would still go on, but if anything should happen to Bitcoin, more than half of the crypto investors will quit. Trend these days are what matters to investors now, but that same trend could get them into serious loss.

[Churchillvv]

After reading through the content of this post, I kind of wonder if this is an advertisement or a normal post that seeks people's attention to know more.
I don't know if it sounds rude, but I will like to ask if you're part of the Cogitex project or if you're being paid to bring people's attention to the project because it's obvious that it's an advertisement.

BTW, let's say people like to be sure of what they are dealing with rather than just jump into a new project. More like, if you want to buy a product of any kind and you know one that has been working and has never had many issues, would you go for a new one that you're not sure of, or would you just buy the one everyone knows? The same is applicable here with cryptocurrencies. People will always rather buy Bitcoin or any other already-standing crypto than gamble with new ones that might be too shitty.